Search Results for: New Zealand
Statement of Reserve Bank of New Zealand on Official Cash Rate
January 29th, 2015
With a statement issued today, the Reserve Bank of New Zealand released that left the Official Cash Rate unchanged at 3.5 percent. Trading partner growth in 2015 is expected to be similar to 2014, though the outlook is weaker ...
Reserve Bank of New Zealand – Central Bank of the Year
January 14th, 2015
The Central Bank of the Year award given to the Reserve Bank of New Zealand RBNZ Chair Comments on Central Bank of the Year Award The Central Bank of the Year award given to the Reserve Bank of New ...
Reserve Bank of New Zealand release
December 15th, 2014
The Reserve Bank is seeking Registrations of Interest (ROI) from potential vendors for the procurement of a Real-Time Gross Settlement System and a Security Settlement System with a Depository. These will replace the Bank’s current payment and settlement systems, ...
FMA: New Zealanders underestimate investment risk and prefer lower risk investment options
October 15th, 2014
Research conducted for the Financial Markets Authority (FMA) shows Kiwis are switched-on about straightforward, low-risk investment options. But when responding to questions about investments with more risk, people are far less confident. The FMA ran the survey as part ...
New Zealand dollar sinks after central bank sells
September 29th, 2014
The New Zealand dollar sank Monday after the central bank disclosed it conducted its biggest sell-off of the currency in seven years to lower an exchange rate that is squeezing exporters. Data released by the Reserve Bank showed it ...
BEPS Fallout To Be Minimal For New Zealand
September 22nd, 2014
New Zealand’s tax system is unlikely to experience significant changes resulting from the Organization for Economic Cooperation and Development’s base erosion and profit shifting work, according to professional services firm PwC. The Organization for Economic Cooperation and Development (OECD) ...
FMA issues New Zealand’s first licence for peer-to-peer lending services
July 8th, 2014
The Financial Markets Authority (FMA) has issued its first peer-to-peer lending service licence. Auckland-based Harmoney is the first provider of this new financial service, under the provisions of the Financial Markets Conduct Act 2013. “This is a new service ...
New Zealand’s Fonterra fined over botulism food scare
April 4th, 2014
Dairy giant Fonterra has been fined $NZ300,000 ($256,675; £154,748) after it admitted four food-safety violations during a 2013 botulism scare. The scare led to a worldwide milk product recall and to several countries blocking imports of New Zealand dairy ...
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 ...
