New Zealand

Bank backs Aussie-Kiwi policy

NEW ZEALAND - A journal published by the Hong Kong and Shanghai Banking Corporation (HSBC) has called on Australia and New Zealand to adopt a common monetary policy.

Promoting financial stability in New Zealand

SPEECH - Recently published transcript of an Address by Dr Don Brash, Governor of the Reserve Bank of New Zealand to the Conference for Commonwealth Central Banks on Corporate Governance for the Banking Sector, London, 6 June.

Supereconomies face clashes

EUROPE - Central bank politics is assuming an intriguing role in attempted reversal of the slowdown of the US economy and spreading effects on other parts of the world.

Settlement system to remain in New Zealand

NEW ZEALAND - The Reserve Bank of New Zealand announced on Apr 18 that its plan to move the hardware used for inter-bank settlements in New Zealand to Sydney will not proceed.

Central bank should be more accountable - panel

INDONESIA - The independent panel set up to review Bank Indonesia Law recommended amendments to increase the accountability of the central bank's board of governors, a government official said on Apr 9, 2001.

What central banks can and can't do-RBNZ Don Brash

SPEECH - The Reserve Bank of New Zealand's Governor Don Brash is urging people to be realistic about what monetary policy can achieve. Speaking to the Trans-Tasman Business Circle in Sydney, Dr Brash said that "In recent years ... the public have come to…

New Zealand cbank against introducing MPC

NEW ZEALAND - The Reserve Bank of New Zealand said in report Mar 26, 2001 that it opposes a recent proposal to change the country's monetary policy decision-making model in favor of a committee of experts instead of the existing framework which vests…

NZ govt monetary review suggests adopting MPC

A government review of the Reserve Bank of New Zealand's monetary policy by Swedish academic Professor Lars Svensson recommended the setting up of a formal monetary policy committee and altering the RBNZ's inflation objective to more formally target 1.5…

Launch of review of NZ mon policy-Lars Svensson

Lars Svensson, a professor of economics at the Institute for International Economic Studies,Stockholm University, will publish on Wednesday, February 28, at 4 pm (NZ time, GMT+13 hrs) his independent review of the operation of monetary policy in New…

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