Scoop has an Ethical Paywall
Latest Reserve Bank Headlines
May Is Over, The Mayhem Is Not, And Markets Are Muddled
Tue, 3 Jun 2025 12:02:05 +1200 | Kiwi Economics
Tariff volatility continues to dominate financial markets. The RBNZ’s latest statement alone mentioned the word uncertain, or some or a form of it, 164 times across their 60 or so page statement.More >>
The RBNZ Has Seen Enough To Cut More, But Not Enough To Do Enough
Wed, 28 May 2025 18:34:15 +1200 | Kiwi Economics
The weakness in the economy is clear and demands more attention and less restriction. With all the risks offshore, think Trumpian tariffs, and the pain still felt onshore, there’s a good argument to be made for taking policy into stimulatory territory.More >>
Reserve Bank Predicts More Job Losses
Wed, 28 May 2025 17:27:49 +1200 | New Zealand Labour Party
The Reserve Bank warned about a weakening labour market, with unemployment remaining above 5% and expected to climb further this year. That contradicts National’s promises of thousands of new jobs in their Budget. Thanks to their choices, more than 15,000 ...More >>
ASB Cuts Interest Rates
Wed, 28 May 2025 16:48:41 +1200 | ASB Bank
ASB’s Housing Variable Rate will drop 20 basis points from 6.64% to 6.44%, while Orbit Variable will move from 6.74% to 6.54%. ASB’s Business Base Rate will drop 25 basis points from 11.77% to 11.52% while its Rural Base Rate will also drop byMore >>
RBNZ Interest Rate Decision: Comments From Leigh Hodgetts, Country Manager, FAMNZ
Wed, 28 May 2025 15:01:32 +1200 | FAMNZ
Finance and Mortgage Advisers Association of New Zealand members have reported a steady stream of first home buyers entering the market and the news today will bring more comfort to Kiwis as they take on new mortgages.More >>
Discipline Pays Off With Interest Rate Relief
Wed, 28 May 2025 14:33:14 +1200 | ACT New Zealand
By finding savings and prioritising spending carefully, like we've seen in Budget 2025, the Coalition Government has got inflation under control, making room for the Reserve Bank to ease pressure on borrowers, ACT Leader David Seymour says.More >>
Further Drop In Cash Rate Good News For Kiwis
Wed, 28 May 2025 14:30:52 +1200 | New Zealand Government
A lower OCR means lower interest rates for Kiwi businesses and households. For families, it means more money in the household budget and for first home buyers it makes servicing a mortgage more affordable. For businesses, it means lower borrowing costs and customers ...More >>
OCR Lowered To 3.25%
Wed, 28 May 2025 14:21:57 +1200 | The Reserve Bank of New Zealand
Headline inflation within New Zealand’s trading partner economies has fallen over the past year. Projections for inflation for most of our trading partners have been revised down in recent quarters. The main exception is the US, where higher tariffs ...More >>
25 And Not Done. The RBNZ Has More Work To Do. More Cuts Are Required.
Fri, 23 May 2025 18:35:31 +1200 | Kiwi Economics
The weakness in the economy is clear and demands more attention and less restriction. With all the risks offshore, think Trumpian tariffs, and the pain still felt onshore, there’s a good argument to be made for taking policy into stimulatory territory ...More >>
Depositor Compensation Scheme Transitional Provisions Standard Published
Wed, 21 May 2025 14:05:24 +1200 | The Reserve Bank of New Zealand
The DCS depositor page will be used to collect customers’ alternate bank account details so that DCS payments can be made into an active bank account at another deposit taker. More >>
Change Of Directors On ANZ New Zealand Board
Fri, 16 May 2025 08:54:54 +1200 | ANZ Bank
ANZ NZ also announced today that Mr Mark Whelan, ANZ Group Executive Institutional, would be joining its Board as a non-executive director effective immediately. More >>
Cash, Crime And Canny Canines
Fri, 9 May 2025 11:13:15 +1200 | New Zealand Police
As part of that training, the Reserve Bank lends Police thousands of dollars of fresh bank notes that are used to imprint the odour of the currency on the dogs. More >>
Risks To The Financial System Have Increased
Wed, 7 May 2025 09:30:07 +1200 | The Reserve Bank of New Zealand
“Financial stability is critical for ensuring that New Zealanders can safely save, borrow, and manage financial risk,” Mr Hawkesby says. “While the global economic environment has become more volatile, our financial institutions are in a strong ...More >>
2024 General Insurance Stress Test Results Published Today
Tue, 6 May 2025 10:22:26 +1200 | The Reserve Bank of New Zealand
Capital injections from their parent companies and ongoing availability of reinsurance were identified as critical to enabling insurers to continue to offer cover following such an event.More >>
We’re Twiddling Our Thumbs, Waiting For Deals To Be Done. Right Now, We’re Only Getting Crumbs
Mon, 5 May 2025 19:25:50 +1200 | Kiwi Economics
Locally, the focus is on labour market data – out Wednesday. By our calculations, the unemployment rate is expected to climb to 5.3% - the highest since 2016. More >>
Rise Of The Machines: How Could Artificial Intelligence Impact Financial Stability?
Mon, 5 May 2025 13:29:04 +1200 | The Reserve Bank of New Zealand
As AI tools and models become increasingly sophisticated and widely integrated across the financial services sector, they offer significant potential benefits. More >>
Reserve Bank Publishes Response To Deposit Taker Core Standards Consultation
Thu, 1 May 2025 13:39:54 +1200 | The Reserve Bank of New Zealand
Jess Rowe, Director Prudential Policy, says the response covers liquidity, disclosure, and Depositor Compensation Scheme (DCS) related requirements. More >>
It’s Mayhem, It's Messy And It’s Melodramatic
Mon, 28 Apr 2025 17:46:07 +1200 | Kiwi Economics
The prospect of a global trade war will likely keep downward pressure on prices. Whether that’s a consequence of a slowdown in global economic growth or a diversion of trade marked at a discount. See our COTW for more.More >>
Urban Areas Still Feeling An Economic Chill - Westpac Report
Wed, 23 Apr 2025 18:05:43 +1200 | RNZ
The agricultural sector will likely carry the economy for a good part of this year, until lower interest rates filter through to boost spending and activity. More >>
CoFR Seeking Feedback On Access To Basic Transaction Accounts
Wed, 23 Apr 2025 10:29:30 +1200 | The Reserve Bank of New Zealand
“Having a transaction account means people can safely receive, store, spend and save money. Transaction accounts are a vital foundation for people to take part in the modern economy,” says Governor of the Reserve Bank of New Zealand, Christian ...More >>
