RBNZ
RBNZ sees 'minimal impact' on wider public from tougher rules on banks operating in NZ as branches of overseas banks, touts 'onshoring' effect
8th Nov 23, 11:07am
RBNZ sees 'minimal impact' on wider public from tougher rules on banks operating in NZ as branches of overseas banks, touts 'onshoring' effect
[updated]
RBNZ to restrict banks operating in NZ as branches of overseas banks to wholesale business
7th Nov 23, 2:26pm
12
RBNZ to restrict banks operating in NZ as branches of overseas banks to wholesale business
ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
7th Nov 23, 1:40pm
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ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
7th Nov 23, 9:16am
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
Latest Reserve Bank figures show that fixed term mortgages have gained their highest share of the total new mortgage monies advanced on record
6th Nov 23, 3:56pm
5
Latest Reserve Bank figures show that fixed term mortgages have gained their highest share of the total new mortgage monies advanced on record
Roger J Kerr says US dollar bulls are hastily reversing their long-USD positions as the scenario for next year of US interest rates decreasing well ahead in time of all others starts to become a higher probability
6th Nov 23, 9:09am
Roger J Kerr says US dollar bulls are hastily reversing their long-USD positions as the scenario for next year of US interest rates decreasing well ahead in time of all others starts to become a higher probability
Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
5th Nov 23, 6:00am
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Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
Reserve Bank to prepare and maintain a plan for dealing with every deposit taker in case it fails
4th Nov 23, 9:20am
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Reserve Bank to prepare and maintain a plan for dealing with every deposit taker in case it fails
Market expectations of Official Cash Rate settings leaning towards cuts after the increase in unemployment this week
2nd Nov 23, 2:11pm
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Market expectations of Official Cash Rate settings leaning towards cuts after the increase in unemployment this week
Change, along with death & taxes, is a certainty in life with none of us knowing exactly what's around the corner. So Gareth Vaughan's pleased to see at least one central banker is thinking about change
2nd Nov 23, 1:20pm
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Change, along with death & taxes, is a certainty in life with none of us knowing exactly what's around the corner. So Gareth Vaughan's pleased to see at least one central banker is thinking about change
The Reserve Bank hints debt to income ratio restrictions could be put in place in the middle of 2024
2nd Nov 23, 6:49am
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The Reserve Bank hints debt to income ratio restrictions could be put in place in the middle of 2024
The unemployment rate lifts to 3.9% from 3.6% while broader measures also weaken
1st Nov 23, 11:01am
73
The unemployment rate lifts to 3.9% from 3.6% while broader measures also weaken
[updated]
Latest Reserve Bank Financial Stability Report says if economic conditions deteriorate by more than projected the lending stress could be more severe
1st Nov 23, 9:09am
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Latest Reserve Bank Financial Stability Report says if economic conditions deteriorate by more than projected the lending stress could be more severe
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
31st Oct 23, 4:26pm
6
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
Roger J Kerr says an RBA interest rate hike next week would certainly propel the AUD/USD exchange rate higher, and the NZD/USD rate will follow
30th Oct 23, 8:14am
6
Roger J Kerr says an RBA interest rate hike next week would certainly propel the AUD/USD exchange rate higher, and the NZD/USD rate will follow
The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
29th Oct 23, 6:00am
27
The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
26th Oct 23, 3:26pm
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Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
Some farmers will struggle to cover costs this season and could pose a risk to financial stability if loan defaults rise
26th Oct 23, 1:46pm
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Some farmers will struggle to cover costs this season and could pose a risk to financial stability if loan defaults rise
Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
24th Oct 23, 12:16pm
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Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
David Hargreaves welcomes news Statistics NZ will produce more timely, monthly, pricing data but reckons we still need a full CPI indicator every month and an earlier view of GDP information
24th Oct 23, 8:01am
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David Hargreaves welcomes news Statistics NZ will produce more timely, monthly, pricing data but reckons we still need a full CPI indicator every month and an earlier view of GDP information
Roger J Kerr sees the US playing a very high-stakes 'game' that cannot last, raising the risks of an American recession. The USD is over-valued and until it comes down, American interest rates will stay high
23rd Oct 23, 7:00am
11
Roger J Kerr sees the US playing a very high-stakes 'game' that cannot last, raising the risks of an American recession. The USD is over-valued and until it comes down, American interest rates will stay high
The rebalancing of the economy could have been a lot more 'harrowing', Infometrics’ chief forecaster Gareth Kiernan says
20th Oct 23, 5:00am
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The rebalancing of the economy could have been a lot more 'harrowing', Infometrics’ chief forecaster Gareth Kiernan says
[updated]
RBNZ mulls giving non-bank deposit takers access to settlement accounts so they don't have to go through the big banks who get the financial benefit
19th Oct 23, 2:42pm
7
RBNZ mulls giving non-bank deposit takers access to settlement accounts so they don't have to go through the big banks who get the financial benefit
Our statistics provider has responded to criticism of a lack of timely pricing data by greatly expanding the amount of information it will produce each month
18th Oct 23, 12:57pm
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Our statistics provider has responded to criticism of a lack of timely pricing data by greatly expanding the amount of information it will produce each month
Economists rule out November rate hike as inflation falls as RBNZ had forecast
17th Oct 23, 2:31pm
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Economists rule out November rate hike as inflation falls as RBNZ had forecast