Financial Stability
The Finance Minister says finalising the design of a deposit insurance scheme is a priority, but there's no plan for it to be set up before 2023
17th Apr 20, 1:04pm
86
The Finance Minister says finalising the design of a deposit insurance scheme is a priority, but there's no plan for it to be set up before 2023
RBNZ favours buying more government bonds over corporate bonds, should it expand its Large Scale Asset Purchase next month; Remains open to cutting the OCR next year
8th Apr 20, 7:04pm
41
RBNZ favours buying more government bonds over corporate bonds, should it expand its Large Scale Asset Purchase next month; Remains open to cutting the OCR next year
RBNZ offers to buy up to $3 billion of local government bonds, in addition to $30 billion of central government bonds, to support liquidity
7th Apr 20, 4:20pm
37
RBNZ offers to buy up to $3 billion of local government bonds, in addition to $30 billion of central government bonds, to support liquidity
RBNZ ups its efforts to ensure the debt market operates properly by extending its bond buying programme from central to local government
6th Apr 20, 2:48pm
34
RBNZ ups its efforts to ensure the debt market operates properly by extending its bond buying programme from central to local government
Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
5th Apr 20, 6:02am
87
Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
3rd Apr 20, 5:00am
55
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
2nd Apr 20, 3:28pm
63
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
2nd Apr 20, 10:03am
71
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
1st Apr 20, 1:22pm
83
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced
31st Mar 20, 3:37pm
6
Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced
A wrap of all the tricks the Reserve Bank's pulled out of its bag (so far) to keep cash flowing through the economy
31st Mar 20, 7:37am
24
A wrap of all the tricks the Reserve Bank's pulled out of its bag (so far) to keep cash flowing through the economy
BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025
30th Mar 20, 3:51pm
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BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
25th Mar 20, 3:45pm
17
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
25th Mar 20, 3:01pm
21
BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
ANZ New Zealand economists call for RBNZ quantitative easing 'in the ballpark of' $15 billion to $20 billion annually to soothe financial markets and ease bank funding costs
19th Mar 20, 11:05am
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ANZ New Zealand economists call for RBNZ quantitative easing 'in the ballpark of' $15 billion to $20 billion annually to soothe financial markets and ease bank funding costs
RBNZ defers regulatory initiatives to enable banks and insurers to focus on tackling COVID-19 challenges; Bank outsourcing policy and insurance review among work affected
18th Mar 20, 2:50pm
15
RBNZ defers regulatory initiatives to enable banks and insurers to focus on tackling COVID-19 challenges; Bank outsourcing policy and insurance review among work affected
Reserve Bank Governor says banks must not 'just stop lending to everyone' and need to have the courage to 'get out and lend'
17th Mar 20, 11:48am
25
Reserve Bank Governor says banks must not 'just stop lending to everyone' and need to have the courage to 'get out and lend'
Our economists are talking recession with a capital R: 'It won't be a shallow one'
16th Mar 20, 4:54pm
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Our economists are talking recession with a capital R: 'It won't be a shallow one'
Reserve Bank says it wants the country's banks to be focused on looking after their customers
16th Mar 20, 1:20pm
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Reserve Bank says it wants the country's banks to be focused on looking after their customers
RBNZ defers start date of new bank capital rules by a year, giving banks headroom to lend around $47 billion more than would otherwise have been the case
16th Mar 20, 9:20am
31
RBNZ defers start date of new bank capital rules by a year, giving banks headroom to lend around $47 billion more than would otherwise have been the case
The RBNZ cuts the OCR by 75 bps in an emergency announcement, next step is a Large Scale Asset Purchase program if more support needed
16th Mar 20, 8:04am
237
The RBNZ cuts the OCR by 75 bps in an emergency announcement, next step is a Large Scale Asset Purchase program if more support needed
New residential mortgage lending up 16% in year to January thanks to first-home buyers and investors; No major change to portion of lending to those with small deposits
28th Feb 20, 8:00am
62
New residential mortgage lending up 16% in year to January thanks to first-home buyers and investors; No major change to portion of lending to those with small deposits
David Hargreaves ponders the mediocre returns available on 'safe' investments and wonders whether technology might lead us to a new path of investment types
23rd Feb 20, 6:02am
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David Hargreaves ponders the mediocre returns available on 'safe' investments and wonders whether technology might lead us to a new path of investment types
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
20th Feb 20, 10:33am
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New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
Document obtained by interest.co.nz highlights the different wave lengths Treasury and the RBNZ are on as they design a deposit protection regime
18th Feb 20, 5:00am
31
Document obtained by interest.co.nz highlights the different wave lengths Treasury and the RBNZ are on as they design a deposit protection regime