Reserve Bank of New Zealand (RBNZ)
RBNZ reduces OCR to 5.0 per cent
The Reserve Bank of New Zealand knocked a quarter percent off its main OCR interest rate Thursday. Governor Alan Bollard said on balance a further reduction seems appropriate today, with evidence continuing to suggest slowing economic activity.
Reserve Bank of New Zealand Bulletin, June 2003
The Reserve Bank of New Zealand published its quarterly Bulletin for June 2003 on 8 July. The first article is the Reserve Bank's annual review of the banking system. It looks at the financial condition and performance of registered banks and…
Bollard not concerned over NZ dollar strength
Reserve Bank of New Zealand governor Alan Bollard said on Tuesday 1 July that he was not concerned about the strength of the NZD "but we keep looking at it", according to One Business.
BIS Board invites new member central banks to join
The Bank for International Settlements (BIS) Board has invited six central banks to BIS membership and appointed Hans Tietmeyer as Vice-Chairman of the Board of Directors of the BIS, 30 June.
First 'Bollard' signed bank notes issued by RBNZ
The Reserve Bank of New Zealand announced on Thursday 26 June that two million $5 notes with Governor Alan Bollard's signature have been printed.
RBNZ's New Zealand CPI Inflation Calculator
The Reserve Bank of New Zealand has created a way by which you can easily work out what something which, for example, your grandparents bought for 2 pounds back in 1935 would cost today. It's "The New Zealand CPI Inflation Calculator". A quick check…
RBNZ appoint Head of Operations
The Reserve Bank of New Zealand on Tuesday 24 June announced the appointment of Murray Bain as the Bank's Assistant Governor and Head of Operations. He will have particular responsibility for the Bank's financial, corporate, commercial and other internal…
RBNZ unveils schools monetary policy competition
The Reserve Bank of New Zealand on Wednesday May 21 launched its second Monetary Policy Challenge aimed at secondary school economics students. The competition involves teams of students becoming, in effect, central bankers. Participants will need to…
RBNZ Monetary Policy Statement, March 2003
REPORT - The Reserve Bank of New Zealand has published its Monetary Policy Statement (MPS) for March 2003. The report reflects on New Zealand's strength compared to other leading world economies. The expected slow down in NZ's economy has not occurred as…
Carr to leave RBNZ as Adrian Orr comes in
Deputy governor Rod Carr will leave the Reserve Bank of New Zealand in July to take a job with a Software Corporation. Adrian Orr will become Assistant Governor and Head of the Reserve Bank's new Financial Stability Department.
Interview with RBNZ governor Alan Bollard
INTERVIEW - In the interview Reserve Bank of New Zealand Governor Alan Bollard revealed that the central bank is looking closely at the model it uses for forecasting the economy. "Definitely part of what I need to do is get some confidence about what the…
Reserve Bank of New Zealand Bulletin, December 02
REPORT - The Reserve Bank of New Zealand has published its quarterly Bulletin for December 2002. The December issue contains three articles on a range of topics reflecting the Reserve Bank's responsibilities. In "The Reserve Bank's forecasting…
RBNZ Monetary Policy Statement
REPORT - The Reserve Bank of New Zealand has published its Monetary Policy Statement (MPS) for November 2002. The RBNZ said in the report that unlike most trading partners, the New Zealand economy performed well in 2002. Activity has continued to benefit…
Bollard on the evolution of monetary policy
SPEECH - In the speech 'The evolution of monetary policy' Alan Bollard of the Reserve Bank of New Zealand spoke of himself 'as a new central bank governor' and said the new Policy Targets Agreement will offer more flexibility, but this flexibility needs…
Reserve Bank of New Zealand Bulletin, September
REPORT - The Reserve Bank of New Zealand on Monday released the September 2002 issue of their Bulletin. This issue of the Bulletin explores aspects of the two core objectives of modern central banks - price stability and financial system stability.
RBNZ say new inflation accord must keep continuity
NEW ZEALAND - Any changes to the Reserve Bank of New Zealand's inflation-fighting agreement should consider the benefits of continuity of monetary policy, the central bank said Friday.
Reserve Bank of New Zealand News Release
NEWS RELEASE - OCR increased to 5.75 per cent, 3 July.
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…
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.
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 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.
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.