Search Results for: RBNZ
Reserve Bank of N.Zealand: Financial system sound, but risks remain
May 14th, 2014
Reserve Bank Governor Graeme Wheeler said today when releasing the Bank’s May Financial Stability Report that New Zealand’s financial system remains sound, and well placed to support the expansion in the economy. However, Mr Wheeler warned several risks to the ...
Reserve Bank raises OCR to 3 percent
April 24th, 2014
The Reserve Bank of N.Zealand has issued a press release informing on country’s economy as follows: New Zealand’s economic expansion has considerable momentum, with GDP estimated to have grown by 3.5 percent in the year to March. Growth is ...
Reserve Bank Bulletin Released
March 31st, 2014
The Reserve Bank of New Zealand has released the March 2014 edition of the Reserve Bank Bulletin. The Bulletin’s first article provides an introduction to the Reserve Bank’s loan-to-value ratio (LVR) restrictions framework. The Bank imposed an LVR ‘speed ...
Reserve Bank issues LVR exemption for construction
March 28th, 2014
The Reserve Bank of New Zealand has published revised rules that exempt construction loans from the Loan-to-Value Ratio (LVR) ‘speed limit’ introduced last October. The exemption for construction loans was announced on 10 December last year and is backdated ...
Reserve Bank of New Zealand: Coordination of Monetary and Macro-Prudential Policies
March 27th, 2014
The Reserve Bank of New Zealand, sees a case to coordinate its monetary and macro-prudential policies, such as loan to value ratios, when the effects of those policies overlap, Deputy Governor Grant Spencer says in a speech today to ...
New Zealand consumer mood at nine-year peak
March 18th, 2014
NZD/USD to refresh this year’s high? Why not? Especially keeping in mind extremely positive data from New Zealand. Another fact that supports another rate hike from RBNZ occurred on Monday, as a report from Westpac Banking Corporation showed consumer ...
Reserve Bank raises OCR to 2.75 percent
March 13th, 2014
The Reserve Bank today increased the OCR by 25 basis points to 2.75 percent. New Zealand’s economic expansion has considerable momentum, and growth is becoming more broad-based. GDP is estimated to have grown by 3.3 percent in the year ...
Regulators Zone
February 4th, 2014