New Zealand
New Zealand proposes partial earlier adoption of Basel III capital requirements
New Zealand regulators have opted to bring in the capital conservation and countercyclical buffers ahead of the Basel Committee schedule – but market participants are unsure if this is necessary
Bollard to leave Reserve Bank of New Zealand
Alan Bollard will not seek a third term as governor; Reserve Bank board to include candidates from abroad in search to replace him
RBNZ vows to aid transition to new retail payments system
Reserve Bank of New Zealand to reduce cost of overnight borrowing for three months as banks shift to new settlement before interchange system
RBNZ paper tests performance of house price forecasts
Reserve Bank of New Zealand tests the central bank’s forecasting model against a series of house price models
Sovereign debt strains felt in New Zealand: RBNZ report
Reserve Bank of New Zealand November Financial Stability Report says eurozone crisis continues to act as constraint on demand in New Zealand
Interview: Alan Bollard
The governor of the Reserve Bank of New Zealand discusses the fallout from the financial crisis with Blair Baker.
New Zealand consults banks on Basel III
Reserve Bank of New Zealand issues consultation paper on implementation of higher Basel III capital requirements; deadline for comments January 2012
RBNZ’s Bollard discusses earthquake contingency plans
Reserve Bank of New Zealand governor Alan Bollard outlines emergency measures adopted by central bank in preparation for future natural disasters
RBNZ reviews policy choices to tackle macroeconomic imbalances
Reserve Bank of New Zealand paper says policies that promote savings in the private and public sector can help overcome macroeconomic imbalances
First regulatory co-operation council meeting held in New Zealand
Council of Financial Regulators meets; confidential discussions focus on identifying trends and issues and co-ordinating responses to them
RBNZ paper identifies disconnect between labour markets and rest of economy
Reserve Bank of New Zealand study shows bulk of variation in unemployment is due to labour market shocks
RBNZ offers guidance on money laundering crack-down
Reserve Bank of New Zealand issues code of conduct for financial institutions as part of anti-money laundering legislation
RBNZ admits policy response to housing bubble was 'too slow'
Reserve Bank of New Zealand says monetary policy was too slow to react to build-up in housing prices during 2000s
RBNZ estimates economic benefits from hosting major Rugby tournament
Reserve Bank of New Zealand expects the upcoming 2011 Rugby World Cup to add 1.4% to New Zealand’s growth
High barriers to entry creates credit premium: RBNZ’s Bollard
Reserve Bank of New Zealand governor Alan Bollard says large barriers to entry in New Zealand banking sector raises overall financing costs
New Zealand prepares to overhaul banknotes
Reserve Bank of New Zealand outlines plans to upgrade New Zealand’s banknotes
RBNZ: liquidity measures limited crisis damage
Reserve Bank of New Zealand study highlights effectiveness of emergency liquidity measures
Emerging Asia dominates external shocks to Australia and New Zealand: IMF paper
Fund study finds evidence of strong spillover effects from emerging Asia to Australia and New Zealand
China agrees $3.83 billion currency swap with New Zealand
People’s Bank of China and Reserve Bank of New Zealand sign $3.83 billion currency swap deal to further facilitate renminbi trade
RBNZ paper on global bond yields
Reserve Bank of New Zealand study finds close correlation between domestic and global bond yields
RBNZ’s Bollard plays down benefits of macroprudential tools
Reserve Bank of New Zealand governor Alan Bollard says expectations that macroprudential instruments will bolster financial system must be realistic
Quake forces New Zealand to cut
Reserve Bank of New Zealand reduces benchmark interest rate by 50 basis points to 2.5% following February’s earthquake in Christchurch
RBNZ triggers contingency plans as earthquake strikes
Reserve Bank of New Zealand says it is collaborating with private sector to provide cash to earthquake-hit areas