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Policy Targets Agreement

Labour OK with 6-month interim RBNZ governor after election, but could be cut short by PTA review if in govt, Robertson says. Wants to include employment focus in PTA
8th Feb 17, 9:35am
Labour OK with 6-month interim RBNZ governor after election, but could be cut short by PTA review if in govt, Robertson says. Wants to include employment focus in PTA
RBNZ Survey of expectations shows anticipated inflation of 1.92% in two years time, well up on the previous survey's result and close to the RBNZ's explicit target of 2%
7th Feb 17, 3:24pm
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RBNZ Survey of expectations shows anticipated inflation of 1.92% in two years time, well up on the previous survey's result and close to the RBNZ's explicit target of 2%
An upward move in the expected level of inflation in a new survey will be welcomed by the RBNZ; more economists now seeing next week's expected interest rate cut as the last
2nd Nov 16, 3:29pm
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An upward move in the expected level of inflation in a new survey will be welcomed by the RBNZ; more economists now seeing next week's expected interest rate cut as the last
Gareth Vaughan argues the Reserve Bank's inflation targeting regime is broken and it's time for a change
15th Oct 16, 5:02am
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Gareth Vaughan argues the Reserve Bank's inflation targeting regime is broken and it's time for a change
Neil Quigley to succeed Rod Carr as Reserve Bank chairman, overseeing the monitoring of Governor Graeme Wheeler and the central bank's performance on behalf of Minister of Finance Bill English
27th Sep 16, 9:50am
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Neil Quigley to succeed Rod Carr as Reserve Bank chairman, overseeing the monitoring of Governor Graeme Wheeler and the central bank's performance on behalf of Minister of Finance Bill English
English says unfair to say Wheeler has failed to meet his performance target on keeping inflation around 2% when global inflation is very low and NZ economy is growing faster than 3%; says 2nd term up to board
16th Aug 16, 1:07pm
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English says unfair to say Wheeler has failed to meet his performance target on keeping inflation around 2% when global inflation is very low and NZ economy is growing faster than 3%; says 2nd term up to board
RBNZ Survey of expectations shows anticipated inflation of just 1.65% in two years time - still well below the RBNZ's explicit target of 2%
2nd Aug 16, 3:14pm
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RBNZ Survey of expectations shows anticipated inflation of just 1.65% in two years time - still well below the RBNZ's explicit target of 2%
Treasury is reviewing the PTA ahead of the end of RBNZ Governor Graeme Wheeler's term in September next year but says 'no case' has been made to change the current framework
2nd Aug 16, 5:02am
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Treasury is reviewing the PTA ahead of the end of RBNZ Governor Graeme Wheeler's term in September next year but says 'no case' has been made to change the current framework
The level of household debt to disposable income has hit a new record high and shows no sign of abating
13th Jun 16, 3:38pm
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The level of household debt to disposable income has hit a new record high and shows no sign of abating
The Reserve Bank needs to signal a progression of new lending controls that would kick in as interest rates fall to reset the expectations of landlords and lever itself out from between a rock and another rock
24th Apr 16, 5:02am
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The Reserve Bank needs to signal a progression of new lending controls that would kick in as interest rates fall to reset the expectations of landlords and lever itself out from between a rock and another rock
Westpac economist sees the rising indebtedness of Kiwis potentially leading to a 'stark' pull-back in spending and downside risks for economic activity
21st Apr 16, 10:14am
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Westpac economist sees the rising indebtedness of Kiwis potentially leading to a 'stark' pull-back in spending and downside risks for economic activity
RBNZ seen as having to do 'even more' to achieve its inflation target
21st Mar 16, 2:47pm
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RBNZ seen as having to do 'even more' to achieve its inflation target
David Hargreaves frets about the rising indebtedness of households
21st Mar 16, 2:14pm
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David Hargreaves frets about the rising indebtedness of households
Australian based bank economist likens the Reserve Bank's reaction to the disappearance of inflation to that of someone experiencing a death
17th Mar 16, 3:11pm
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Australian based bank economist likens the Reserve Bank's reaction to the disappearance of inflation to that of someone experiencing a death
ANZ economists express concern about the blow-out in household finances; Household debt is now at a record high of over 167% of disposable income
14th Mar 16, 3:50pm
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ANZ economists express concern about the blow-out in household finances; Household debt is now at a record high of over 167% of disposable income
NZIER's latest consensus forecast show economists are upgrading expectations of economic growth - but see weaker inflation too; RBNZ warns again on low inflation expectations
14th Mar 16, 1:08pm
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NZIER's latest consensus forecast show economists are upgrading expectations of economic growth - but see weaker inflation too; RBNZ warns again on low inflation expectations
Where does the Reserve Bank's mother of all u-turns leave our immediate outlook for interest rates?
10th Mar 16, 1:26pm
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Where does the Reserve Bank's mother of all u-turns leave our immediate outlook for interest rates?
ASB economists say the Reserve Bank 'sounds complacent' about the downside risks to inflation
7th Mar 16, 2:47pm
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ASB economists say the Reserve Bank 'sounds complacent' about the downside risks to inflation
Economists at country's biggest bank do u-turn; now see Official Cash Rate hitting 2%
29th Feb 16, 11:31am
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Economists at country's biggest bank do u-turn; now see Official Cash Rate hitting 2%
Westpac economists see inflation expectations falling still further over the next year, making the 'uphill battle' the Reserve Bank has been fighting that much harder
24th Feb 16, 3:03pm
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Westpac economists see inflation expectations falling still further over the next year, making the 'uphill battle' the Reserve Bank has been fighting that much harder
Do we worry about inflation, or not?
19th Feb 16, 8:31am
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Do we worry about inflation, or not?
Economists in opposing camps about whether the Reserve Bank should again be forcing down interest rates; ANZ's Cameron Bagrie sees OCR cuts as 'recipe for an accident'
17th Feb 16, 1:37pm
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Economists in opposing camps about whether the Reserve Bank should again be forcing down interest rates; ANZ's Cameron Bagrie sees OCR cuts as 'recipe for an accident'
Bernard Hickey argues the RBNZ is failing to hit its current inflation target and either needs a new target or a new way to achieve its current one
14th Feb 16, 5:02am
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Bernard Hickey argues the RBNZ is failing to hit its current inflation target and either needs a new target or a new way to achieve its current one
Westpac economists say the bottom of the fixed interest market is close but has not been reached yet; see inflation remaining below 1% till next year
10th Feb 16, 1:22pm
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Westpac economists say the bottom of the fixed interest market is close but has not been reached yet; see inflation remaining below 1% till next year
English sees no need to change Policy Targets Agreement around inflation; says RBNZ not trying to shift goal-posts; says happy to see debate over measuring inflation and targeting inflation, but no plans for change now
9th Feb 16, 7:41pm
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English sees no need to change Policy Targets Agreement around inflation; says RBNZ not trying to shift goal-posts; says happy to see debate over measuring inflation and targeting inflation, but no plans for change now