News

WELLINGTON, Nov 7 (Reuters) - New Zealand's central bank said on Tuesday it would be making changes to how branches of overseas banks are allowed to operate in the country including restricting ...
SYDNEY (Reuters) -Former New Zealand central bank governor Adrian Orr's surprise resignation in March was due to his ...
SYDNEY—New Zealand business confidence jumped in September ... and challenging the central bank’s view that interest rates might soon need to be cut. The ANZ Bank’s business confidence ...
The Reserve Bank of New Zealand said on Tuesday that the first stage of the central bank's review on ... by lowering the likelihood of liquidity issues and improve their ability to manage such ...
RBNZ Board Chair Neil Quigley told reporters Orr had made a personal decision, adding that there were no conduct issues ... helm of the central bank. Previous roles included New Zealand chief ...
WELLINGTON (Reuters) - The New Zealand central bank's operating budget will be cut by roughly 25% in the coming fiscal year and set at roughly NZ$150 million ($88.50 million) for each of the next ...
New Zealand’s central bank must ensure the nation retains the right mix of non-bank lenders to safeguard alternative sources of finance. Non-bank deposit takers, such as finance companies ...
WELLINGTON, New Zealand (AP) — New Zealand’s new central bank governor on Thursday said ... a lot of this from HQ,” Orr said. “So the problems are well identified and they seem highly ...
In 2018, the central bank was tasked with a dual mandate of targeting low inflation and full employment, but it now reverts back to a focus on just low inflation under the newly passed RBNZ ...
Reddell writes a blog about policy and economic issues and is a former Reserve Bank of New Zealand senior adviser. The central bank releases its rate decision to markets at 9:00 local time.
March 29 (Reuters) - New Zealand's central bank on Wednesday released a draft guidance on how entities can manage climate-related risks within their broader risk management framework. "It is ...