New Zealand
RBNZ raises main interest rate to 5.75 - up 0.25%
NEW ZEALAND - The Reserve Bank of New Zealand said it has decided to increase the official cash rate by 25 basis points to 5.75 pct so that they no longer encourage accelerated spending although further increases were now "rather less likely" than was…
Higher inflation 'all pain and no gain'
ARTICLE - "By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens" - JM Keynes. Leftists often look to Keynes. So what's Finance Minister Michael Cullen's game in his…
Reserve Bank of New Zealand Bulletin, June 2002
REPORT - The Reserve Bank released the June 2002 issue of the Reserve Bank of New Zealand Bulletin on Thursday.
RB of New Zealand criticised by finance minister
NEW ZEALAND - The Reserve Bank of New Zealand's management of monetary policy came under attack from the country's finance minister Michael Cullen today when he alleged that it was failing to interpret the bank's written policy agreement with the…
NZ closes applications for central bank chief post
NEW ZEALAND - Applications for the position of Governor of the Reserve Bank of New Zealand have closed but officials will not comment on how many candidates have expressed an interest in the position so far.
Murray Sherwin favourite in poll for RBNZ governor
NEW ZEALAND - Murray Sherwin, a former Reserve Bank of New Zealand deputy governor, is the best person to take the bank's top job according to a poll of New Zealand based economists conducted by Dow Jones Newswires.
Brash hits back at dissent on growth policy
FEATURE - Former New Zealand Reserve Bank governor Dr Don Brash has hit back at the view that the bank's approach to monetary policy hobbles economic growth reports the New Zealand Herald on Tuesday.
NZ posts ads for inflation-busting central banker
NEW ZEALAND - Wanted: Central bank governor for buzzing South Pacific economy - previous inflation-taming experience an advantage.
Brash makes his first political speech
FEATURE - Prospective National MP Don Brash has made his first political speech since standing down as Reserve Bank of New Zealand governor.
World wide search for New Zealand's c bank chief
NEW ZEALAND - The Reserve Bank has appointed headhunter Signium International to scour the world for a new Governor.
RBNZ Monetary Policy Statement, May 2002
REPORT - The Reserve Bank of New Zealand on Wednesday published its Monetary Policy Statement for May 2002.
Carr's role settled at RBNZ
NEW ZEALAND - Rod Carr has been confirmed as Acting Governor of the Reserve Bank for the next six months, or until a permanent appointment has been made.
Advertisement for new governor of RBNZ
ADVERTISEMENT - The Reserve Bank of New Zealand is seeking applications for the position of Governor. The position has been advertised both within New Zealand and offshore.
RBNZ raises Official Cash Rate to 5.5%
NEW ZEALAND - Reserve Bank of New Zealand Acting Governor Rod Carr justifies the bank's decision to increase the Official Cash Rate in a statement, and warns of further increases over the year ahead.
Hugh Fletcher appointed to NZ Reserve Bank board
NEW ZEALAND - Hugh Fletcher, the former head of Fletcher Challenge, has been appointed as a non-executive director of the Reserve Bank and Rod Carr has been confirmed as acting governor for up to six months, the New Zealand government announced today.
Reserve Bank of New Zealand News Release
NEWS RELEASE - New support provider for Austraclear/ESAS, 8 May.
Reserve Bank of New Zealand News Release
NEWS RELEASE - RBNZ Board begins process for finding new Governor, 29 April.
None so deaf - A central banker hit below the belt
FEATURE - When the Prime Minister of New Zealand, Helen Clark, is stuck in an awkward political corner she has taken to using a cheap rhetorical trick. She has borrowed it from Rob Muldoon. Unable to find anything substantive to say, she resorts to…
Brash walks into storm over interest rates
NEW ZEALAND - It did not take the New Zealand opposition's latest recruit - former New Zealand Reserve Bank governor Don Brash - long to learn that the rough and tumble of politics is a different world from the rarefied atmosphere of monetary policy…
RBNZ News Release
NEWS RELEASE - RBNZ Board begins process for finding new Governor, 29 April.
NZ central bank has six months to replace Brash
NEW ZEALAND - The Reserve Bank of New Zealand said in a statement released Monday that it will advertise the position of governor locally and overseas - a decision that leaves the door open for an external candidate to fill the role vacated by Don Brash…
Reserve Bank of New Zealand News Release
NEWS RELEASE - Brash resigns, 26 April.
Reserve Bank of New Zealand News Release
NEWS RELEASE - RBNZ: business as usual, 26 April.
New Zealand bank governor resigns
NEW ZEALAND - The Reserve Bank of New Zealand governor Don Brash has stepped down after 14 years in the top job to make a new career for himself as a politician.