Live-streamed video from the December 2019 RBNZ Capital Decisions press conference with Governor Adrian Orr

Live-streamed video from the December 2019 RBNZ Capital Decisions press conference with Governor Adrian Orr

This news conference will start at about 1:00pm.

Our report on what this December 2019 Capital Decisions Report means is here and will be updated as necessary following this news conference.

The RBNZ media release is here.

Today's full Capital Decisions Report is here.

When the live news conference is finished we will place a video recording of it on this page as soon as it becomes available.

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3 Comments

So when is he going to take New Zealanders into his confidence and tell us what he is so concerned about that led him to drop the OCR to 1%

Are we in for a bumpy ride as the 10 year BULL MARKET from post GFC comes to an end

Or, is it something worse ?

My moneys on it being worse.

Actions taken between times have only kicked the can down the road. NZ has absorbed another $250 billion worth of debt, and has no additional cashflow to support anymore. Mother hubbard's cupboard is empty too. Work it out for yourself.

Economies need the masses to pay their way, and with the high cost of level now, the rest of us cant afford the government subsidies to keep them going forever.

So with this requirement being 7 years away, what are the odds of a financial downturn that tests the banks before then?
I would think pretty likely.

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