Alan Bollard
NZ's Bollard prioritises slowing demand
Reserve Bank of New Zealand governor Alan Bollard said in a report published on Tuesday22 November that slowing the pace of domestic demand is a `priority' and another interest-rate increase cannot be ruled out.
RBNZ chief may raise rates until it 'hurts'
Reserve Bank of New Zealand governor Alan Bollard said in a radio interview he is willing to raise interest rates ``in a way that really hurts,'' to stop people thinking they can keep borrowing money to spend.
RBNZ's Bollard on inflation and the exchange rate
In the speech 'Housing debt, inflation and the exchange rate' given on 2 November Alan Bollard of the RBNZ said higher interest rates needed to dampen demand and inflation had had the side-effect of bolstering the currency.
Reserve Bank of New Zealand Annual Report 04-05
The Reserve Bank of New Zealand released its 2004-2005 Annual Report on Friday. RBNZ governor Alan Bollard said many of the achievements in the Annual Report in 2004-2005 were firsts for the Bank.
RBNZ increases OCR to 7 per cent
The Reserve Bank of New Zealand increased the Official Cash Rate (OCR) by 25 basis points to 7.00 per cent on Thursday. RBNZ governor Alan Bollard said medium term inflation risks remain strong.
RBNZ's Bollard on the New Zealand economy
In the speech 'Imbalances in the New Zealand economy' given on 14 October Alan Bollard of the RBNZ said very strong household spending was a common factor in the widening current account deficit and the inflationary pressures facing the New Zealand…
RBNZ Monetary Policy Statement, September 2005
The Reserve Bank of New Zealand published its September 2005 Monetary Policy Statement on 15 September. RBNZ Governor Alan Bollard said since the June Statement, economic indicators have broadly confirmed the slowdown in activity that commenced in the…
RBNZ's Bollard on the New Zealand payment system
In the speech 'New Zealand payment system' given on 11 August Alan Bollard of the Reserve Bank of New Zealand said the RBNZ is making protection of New Zealand's $41 billion-a-day payments system its leading priority.
RBNZ leaves OCR unchanged at 6.75 per cent
The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 6.75 per cent on Thursday 28 July. Governor Alan Bollard said short-term inflation pressures have recently emerged as a result of surging oil prices.
RBNZ Monetary Policy Statement, June 2005
The Reserve Bank of New Zealand published its June 2005 Monetary Policy Statement on 9 June. RBNZ Governor Alan Bollard said the current review confirms what we said in the March Statement and again at the April OCR review.
RBNZ Financial Stability Report, May 2005
The Reserve Bank of New Zealand published its May 2005 Financial Stability Report on 17 May. Reserve Bank governor Alan Bollard commented: "The New Zealand financial system, overall, is well placed to weather a possible slowdown in the economy."
Bollard on bank regulation and supervision in NZ
In a speech on 'Bank regulation and supervision in New Zealand: recent and ongoing developments' given on 23 March, Alan Bollard of the Reserve Bank of New Zealand said a major shock to the Australian economy or the mismanagement of a major Australian…
RBNZ Monetary Policy Statement, March 2005
The Reserve Bank of New Zealand increased interest rates by 25 basis points to 6.75 per cent on Thursday 10 March. Speaking at the release of the March 2005 Monetary Policy Statement, RBNZ Governor Alan Bollard said with the economy remaining very strong…
Bollard on New Zealand's potential growth rate
In a speech on 'New Zealand's potential growth rate' given on 28 January, Alan Bollard of the Reserve Bank of New Zealand said that if we want to see New Zealand's GDP per capita grow at the same rate over the next decade as it did in the previous ten…
RBNZ Monetary Policy Statement, December 2004
Speaking at the release of the Reserve Bank of New Zealand's December 2004 Monetary Policy Statement on Thursday 9 December, RBNZ Governor Alan Bollard said "As indicated in our October Review, we continue to expect that the current policy position will…
RBNZ increases OCR to 6.50 per cent
The Reserve Bank of New Zealand announced on Thursday 28 October that it has increased the Official Cash Rate from 6.25 per cent to 6.50 per cent.
Reserve Bank of New Zealand - Annual Report 2004
The Reserve Bank of New Zealand has published its Annual Report for 2004. In the Governor's Statement Alan Bollard said by the end of 2003 it became clear that, contrary to most economists' forecasts, New Zealand's strong economic growth was not slowing…
RBNZ's Bollard on supervising foreign-owned banks
In a speech on 'Being a responsible host: Supervising foreign-owned banks' given on 2 October, Alan Bollard of the RBNZ outlined the particular challenges increasingly facing countries with banking systems dominated by foreign banks. He also discussed…
RBNZ increases OCR to 6.25 per cent
The Reserve Bank of New Zealand has increased the Official Cash Rate from 6.00 per cent to 6.25 per cent. The RBNZ said that further tightening of monetary policy is likely to be required.
NZ's Cullen apologises for interest rate 'slip'
Finance Minister Michael Cullen has apologised after saying that the Reserve Bank of New Zealand had raised its key interest rate "today" - the RBNZ is due to meet on Thursday 9 September to decide monetary policy.
NZ's Bollard on the property sector
In the speech 'What's happening in the property sector?' given on 2 September, Alan Bollard of the RBNZ reminded investors in property - rural, industrial and commercial, and residential - that property markets are inherently subject to cycles and market…
RBNZ's Bollard on supervising overseas-owned banks
In a speech on 'Supervising overseas-owned banks: New Zealand's experience' given on 11 August, Alan Bollard of the Reserve Bank of New Zealand said the Reserve Bank is "seeking to reinvigorate the regulatory arrangements for New Zealand's banking system…
RBNZ Monetary Policy Statement, June 2004
The Reserve Bank of New Zealand increased the Official Cash Rate from 5.5 to 5.75 per cent on 10 June. Speaking at the release of the Reserve Bank's June 2004 Monetary Policy Statement, Reserve Bank Governor Alan Bollard said "The New Zealand economy has…
Reserve Bank of New Zealand Bulletin, Mar 2004
The Reserve Bank of New Zealand has published its quarterly Bulletin for March 2004. The March issue contains three articles and a speech given by Reserve Bank Governor Alan Bollard earlier this year on asset prices and monetary policy.