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Reserve Bank of New Zealand (RBNZ) Stories - Page 11

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Reserve Bank of New Zealand (RBNZ) stories

Cheap oil to boost NZ national income by $2.4 bln a year, RBNZ says
Reserve Bank of New Zealand

Cheap oil to boost NZ national income by $2.4 bln a year, RBNZ says

Cheap oil is expected to boost New Zealand's national income by NZD $2.4 billion annually, says the Reserve Bank, benefiting domestic growth.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
RBNZ's Wheeler keeps OCR on hold, no rate hikes ahead
Reserve Bank of New Zealand

RBNZ's Wheeler keeps OCR on hold, no rate hikes ahead

The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down infl.

By Pattrick Smellie • 5 min read • Thu, 12th Mar 2015
Banks relieved as RBNZ drops '5-plus' test for home loans
Bank of New Zealand

Banks relieved as RBNZ drops '5-plus' test for home loans

The major banks are breathing a sigh of relief that the Reserve Bank of New Zealand has dropped proposals that would have deemed anyone owning five or.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015
NZ dollar falls after RBNZ looks for ways to curb residential property investment
Reserve Bank of New Zealand

NZ dollar falls after RBNZ looks for ways to curb residential property investment

The New Zealand dollar fell after the Reserve Bank said it is looking at ways to curb lending to residential property investors, which could pave the.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015
NZ firms again lower their inflation expectations, see no RBNZ action this year
Reserve Bank of New Zealand

NZ firms again lower their inflation expectations, see no RBNZ action this year

New Zealand businesses have again trimmed their expectations for inflation over the next two years and don't expect the central bank will need to rais.

By Pattrick Smellie • 3 min read • Tue, 24th Feb 2015
Wheeler says keeping interest rates on hold 'most prudent option', eyes Auckland housing market
Reserve Bank of New Zealand

Wheeler says keeping interest rates on hold 'most prudent option', eyes Auckland housing market

Reserve Bank governor Graeme Wheeler acknowledged calls to cut interest rates, given the tumbling price of crude oil, before arguing that keeping r.

By Pattrick Smellie • 3 min read • Wed, 4th Feb 2015

Stories from Other Regions

Reserve Bank of New Zealand (RBNZ) stories

Tepid inflation surprise raises spectre of lower interest rates
Reserve Bank of New Zealand

Tepid inflation surprise raises spectre of lower interest rates

Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
NZ dollar drops to 5-week low ahead of RBNZ as greenback surges
Reserve Bank of New Zealand

NZ dollar drops to 5-week low ahead of RBNZ as greenback surges

The New Zealand dollar dropped to a five-week low ahead of the Reserve Bank decision on interest rates today as the greenback surged to a 12-year high.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
Economics

NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts

The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.

By Pattrick Smellie • 4 min read • Mon, 9th Mar 2015
NZ dollar drops after RBNZ looks at new home loan restrictions
Reserve Bank of New Zealand

NZ dollar drops after RBNZ looks at new home loan restrictions

The New Zealand dollar dropped after the Reserve Bank said it's looking at ways to restrict lending on residential property investments, stoking specu.

By Pattrick Smellie • 2 min read • Thu, 5th Mar 2015
NZ dollar declines against Aussie ahead of RBA interest rate decision
Reserve Bank of New Zealand

NZ dollar declines against Aussie ahead of RBA interest rate decision

The New Zealand dollar weakened against the Australian dollar as traders have already priced in an interest rate cut by the Reserve Bank of Australia.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
NZ building consents fall for a second month in January, housing permits drop
Reserve Bank of New Zealand

NZ building consents fall for a second month in January, housing permits drop

New Zealand residential building consents declined for a second month in January, with new housing permits falling at their sharpest pace since August.

By Pattrick Smellie • 2 min read • Fri, 27th Feb 2015
Auckland inner-city height restrictions weighing on supply, RBNZ's Wheeler says
Government

Auckland inner-city height restrictions weighing on supply, RBNZ's Wheeler says

New Zealand's government has taken a number of good steps to improve housing supply in Auckland, where prices have soared on a lack of new stock, but.

By Pattrick Smellie • 2 min read • Wed, 25th Feb 2015
English flags further macroprudential tools may be needed to cool housing market
Reserve Bank of New Zealand

English flags further macroprudential tools may be needed to cool housing market

Minister of Finance Bill English says the government is heeding the Reserve Bank of New Zealand's call for more housing in Auckland's bubbling real.

By Pattrick Smellie • 2 min read • Wed, 11th Feb 2015
MARKET CLOSE: NZ shares rise as RBA rate cut stokes demand for yield
Fintech

MARKET CLOSE: NZ shares rise as RBA rate cut stokes demand for yield

New Zealand shares gained after the Reserve Bank of Australia cut its cash rate to a record low, making the returns on offer in New Zealand more at.

By Pattrick Smellie • 3 min read • Tue, 3rd Feb 2015
Reserve Bank of Australia cuts key rate to 2.25% citing weak domestic demand
Reserve Bank of New Zealand

Reserve Bank of Australia cuts key rate to 2.25% citing weak domestic demand

The Reserve Bank of Australia cut its cash rate to a record low, saying weak domestic demand and tame inflation in the face of falling crude oil pr.

By Pattrick Smellie • 3 min read • Tue, 3rd Feb 2015
RESEND: NZ Dollar Outlook: Kiwi may continue decline after drop to 4-year low
Reserve Bank of New Zealand

RESEND: NZ Dollar Outlook: Kiwi may continue decline after drop to 4-year low

The New Zealand dollar, which fell to a four-year low after the Reserve Bank last week dropped its tightening bias and opened the door to possible.

By Pattrick Smellie • 3 min read • Mon, 2nd Feb 2015
Greenback slips to third in NZ's expanded TWI, yuan at second
Reserve Bank of New Zealand

Greenback slips to third in NZ's expanded TWI, yuan at second

The US dollar's weighting has slipped in the Reserve Bank of New Zealand's new trade-weighted index, which adds the Chinese yuan to a line-up of 17.

By Pattrick Smellie • 2 min read • Mon, 15th Dec 2014