Grant Spencer

RBNZ says rate risk equally balanced between up or down

10 May 18, 9:10am

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; new Governor stresses that the next move could go either way
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Where to now for LVRs?

4 Apr 18, 7:45am

David Hargreaves

17 comments

New RBNZ Governor Adrian Orr gets an early opportunity to strike a favourable impression with the public late next month by further loosening the LVR lending restrictions
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Spencer’s parting gift to Orr

22 Mar 18, 1:35pm

Jason Walls

4 comments

In his last public move in the job, Acting RBNZ Governor Grant Spencer gave a very ho-hum OCR review – but he did give the man who will be taking the bank’s reins next week a small parting gift
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RBNZ leaves OCR on hold

22 Mar 18, 9:12am

Jason Walls

20 comments

As expected, the RBNZ has left the OCR at 1.75% with Acting Governor Grant Spencer saying monetary policy will be accommodative for 'a considerable period'
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Robertson on the Reserve Bank’s ‘light touch’ approach to regulation

21 Mar 18, 4:30pm

Jason Walls

3 comments

The Reserve Bank’s approach to the regulatory side of its job has been criticised in the past, notably by the IMF, but what does the Finance Minister think?
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Spencer won’t rock the boat

19 Mar 18, 12:00pm

Jason Walls

Acting RBNZ Governor Grant Spencer is widely tipped to sit on his hands at Thursday’s OCR review, with very little change expected in his statement
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Grant Robertson on the Government's housing 'to do' list

15 Mar 18, 8:03am

Jason Walls

150 comments

Finance Minister Grant Robertson says there's much work to do in the housing market, and he remains unenthusiastic about the RBNZ getting a debt-to-income ratio tool
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Grant Spencer's five macro-prudential policy lessons

14 Mar 18, 11:16am

Gareth Vaughan

Acting Governor Grant Spencer wants the RBNZ's macro-prudential policy Memorandum of Understanding with the Finance Minister integrated into the Reserve Bank Act
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RBNZ's Grant Spencer still pining for a debt to income ratio tool

13 Mar 18, 1:17pm

Gareth Vaughan

49 comments

Acting Governor Grant Spencer says upcoming review of RBNZ's macro-prudential tools should add 'carefully designed' debt to income or debt servicing tool
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Breaking the curse of the eight

4 Mar 18, 7:24am

Jason Walls

63 comments

In 1988, 1998 and 2008, NZ’s economy took a beating due to a crisis the year prior – some have termed it 'the curse of the eight'; as NZ makes its way through 2018, there is a sense of optimism the curse may have been broken
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'Auckland short of up to 55,000 houses and 9,000 construction workers'

28 Feb 18, 2:59pm

David Hargreaves

172 comments

New Reserve Bank paper puts estimate of Auckland housing shortage far higher than previous RBNZ estimates; says if construction worker shortfall continues it will be 'difficult' to overcome the shortage
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Treasury and RBNZ at odds over who should set interest rates

21 Feb 18, 1:26pm

Jenée Tibshraeny

30 comments

Treasury says involving external experts in setting monetary policy will 'promote a diversity of perspectives' while the RBNZ has said it could create a 'circus'
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RBNZ’s economic growth forecast called out as ‘excessively optimistic’

11 Feb 18, 7:10am

Jason Walls

21 comments

Westpac’s chief economist not convinced the economy is in as good shape as the RBNZ suggests, as Acting Governor Spencer says the RBNZ’s projections are 'perfectly balanced'
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Cryptocurrencies ‘a bit of a sideshow,’ Spencer says

9 Feb 18, 9:31am

Jason Walls

2 comments

RBNZ not giving much thought to how cryptocurrencies could impact financial stability, despite comments from the Bank for International Settlements urging caution
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Spencer: Next OCR move could be up or down

8 Feb 18, 12:10pm

Jason Walls

22 comments

Acting RBNZ Governor Grant Spencer isn't ruling out the possibility of an OCR cut, given the downside surprise of December's CPI data - he says the 'risks are two sided'
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Live: RBNZ press conference

8 Feb 18, 9:15am

David Chaston

Live-streamed video from the February 2018 RBNZ press conference with Acting Governor Grant Spencer - will start at 10am
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RBNZ unmoved

8 Feb 18, 9:06am

David Hargreaves

39 comments

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; notes rise in house price inflation but sees this moderating over time; revised down economic impact of new Government's measures
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Plenty for the Reserve Bank to talk about

6 Feb 18, 9:09am

Jason Walls

19 comments

No one is expecting the RBNZ to make any changes to interest rates in its review this week – but inflation, GDP and 'expansionary' fiscal policy will take centre stage
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No battle plan survives first contact with the enemy

22 Jan 18, 7:19am

Martien Lubberink

1 comment

Martien Lubberink sees some concerns with the Reserve Bank's thinking in its review of bank capital adequacy requirements
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Treasury commissioned report's recipe for improving RBNZ decision making; Form 3 committees

16 Jan 18, 12:51pm

Gareth Vaughan

5 comments

RBNZ decision making & governance report commissioned by Treasury calls for committee decision making, minutes to be released & neutering the RBNZ board
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