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Latest Kiwibank household spending data shows that the June quarter did see a rebound in consumer spending, but thanks to inflation, the growth in dollars spent is outpacing the volume of transactions
11th Jul 22, 10:57am
Latest Kiwibank household spending data shows that the June quarter did see a rebound in consumer spending, but thanks to inflation, the growth in dollars spent is outpacing the volume of transactions
As it eyes a central bank digital currency, the Reserve Bank acknowledges launching one would at least in part be a defensive play
5th Jun 22, 6:00am
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As it eyes a central bank digital currency, the Reserve Bank acknowledges launching one would at least in part be a defensive play
Reserve Bank says it plans to announce 'future directions' on matters such as a central bank digital currency within the next six months
29th Apr 22, 10:00am
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Reserve Bank says it plans to announce 'future directions' on matters such as a central bank digital currency within the next six months
Latest Kiwibank household spending data shows that the March quarter spending was 'especially weak'
11th Apr 22, 1:11pm
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Latest Kiwibank household spending data shows that the March quarter spending was 'especially weak'
A 106% rise in value of petroleum products compared with a year ago more than offset surging dairy export prices
21st Mar 22, 12:19pm
4
A 106% rise in value of petroleum products compared with a year ago more than offset surging dairy export prices
BankingDay's George Lekakis argues the Aussie floods and previous natural disasters highlight profound flaws in the major banks’ strategic attacks on cash
9th Mar 22, 1:38pm
by Guest
1
BankingDay's George Lekakis argues the Aussie floods and previous natural disasters highlight profound flaws in the major banks’ strategic attacks on cash
Latest RBNZ survey on cash usage has shown a marked fall in the proportion of Kiwis using cash as a payment - but more of us are hoarding it
3rd Mar 22, 11:22am
20
Latest RBNZ survey on cash usage has shown a marked fall in the proportion of Kiwis using cash as a payment - but more of us are hoarding it
In a new consultation paper the Reserve Bank says that without a 'policy response' the cash system may be unable to meet its objectives
30th Nov 21, 2:00pm
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In a new consultation paper the Reserve Bank says that without a 'policy response' the cash system may be unable to meet its objectives
Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data
18th Nov 21, 11:30am
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Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data
Statistics NZ says September was the third record month in a row for imports, with the figure reaching $6.6 billion - up 30% on the same month a year ago
27th Oct 21, 11:20am
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Statistics NZ says September was the third record month in a row for imports, with the figure reaching $6.6 billion - up 30% on the same month a year ago
'The rebound is looking less like last year’s Red bull-powered hill sprint, and more like a herbal tea inspired jog uphill'
12th Oct 21, 10:31am
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'The rebound is looking less like last year’s Red bull-powered hill sprint, and more like a herbal tea inspired jog uphill'
Having central bank digital currencies is a great idea. It's also fraught with difficulties including how to protect banks
7th Oct 21, 8:57am
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Having central bank digital currencies is a great idea. It's also fraught with difficulties including how to protect banks
The Reserve Bank says, in the 'extreme' stablecoins could see the majority of transactions taking place in our economy occurring outside the domestic banking system
2nd Oct 21, 9:43am
5
The Reserve Bank says, in the 'extreme' stablecoins could see the majority of transactions taking place in our economy occurring outside the domestic banking system
RBNZ says a digital version of the Kiwi dollar would both support the value-anchor role of central bank money, and support its ability to act as a fair and equal way to pay and save
30th Sep 21, 9:00am
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RBNZ says a digital version of the Kiwi dollar would both support the value-anchor role of central bank money, and support its ability to act as a fair and equal way to pay and save
Our central bank says emerging trends in the monetary system pose opportunities to stimulate innovation to enhance the prosperity and wellbeing of New Zealanders - but also pose credible threats to the stability and functioning of the monetary system
30th Sep 21, 9:00am
7
Our central bank says emerging trends in the monetary system pose opportunities to stimulate innovation to enhance the prosperity and wellbeing of New Zealanders - but also pose credible threats to the stability and functioning of the monetary system
Reserve Bank says it wants to ensure that our central bank money remains a stable value anchor for the monetary system and available as a fair and equal way to pay and save
30th Sep 21, 9:00am
51
Reserve Bank says it wants to ensure that our central bank money remains a stable value anchor for the monetary system and available as a fair and equal way to pay and save
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
1st Sep 21, 11:53am
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
It seems the lockdown period and subsequent changes to working patterns have helped push us towards hypochondria - and given us sore necks and bad backs
12th Jul 21, 3:27pm
14
It seems the lockdown period and subsequent changes to working patterns have helped push us towards hypochondria - and given us sore necks and bad backs
Economists with global researcher Capital Economics expect the first generation of Central Bank Digital Currencies will be designed to have as little impact on the existing financial system as possible
8th Jul 21, 10:49am
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Economists with global researcher Capital Economics expect the first generation of Central Bank Digital Currencies will be designed to have as little impact on the existing financial system as possible
Andrew Haldane, the Bank of England's departing chief economist, argues central bank digital currencies could have both financial stability and monetary policy benefits
6th Jul 21, 6:14pm
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Andrew Haldane, the Bank of England's departing chief economist, argues central bank digital currencies could have both financial stability and monetary policy benefits
Reserve Bank to consult on, and test the perceived benefits and challenges of, a central bank digital currency
30th Jun 21, 10:48am
40
Reserve Bank to consult on, and test the perceived benefits and challenges of, a central bank digital currency
Financial inclusion, payments stability, efficiency, and monetary policy implementation touted as benefits from central bank digital currencies
11th May 21, 10:00am
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Financial inclusion, payments stability, efficiency, and monetary policy implementation touted as benefits from central bank digital currencies
Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
8th Apr 21, 11:46am
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Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
An offshoot of Auckland-based digital assets company Techemy has announced what it says is the first New Zealand dollar 'stablecoin', backed 1-for-1 by Kiwi dollars
11th Mar 21, 10:34am
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An offshoot of Auckland-based digital assets company Techemy has announced what it says is the first New Zealand dollar 'stablecoin', backed 1-for-1 by Kiwi dollars
Kiwibank economists have been tracking our spending - and we are still doing our best to make up for the lack of tourist dollars
29th Jan 21, 5:00am
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Kiwibank economists have been tracking our spending - and we are still doing our best to make up for the lack of tourist dollars