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

Kiwi Stories

Reserve Bank of New Zealand (RBNZ) stories

New Zealand's commercial property lending less risky now due to lower debt funding
Reserve Bank of New Zealand

New Zealand's commercial property lending less risky now due to lower debt funding

The Reserve Bank said New Zealand's $180 billion commercial property sector has become less risky since the global financial crisis because a reduced.

By Pattrick Smellie • 3 min read • Thu, 26th Mar 2015
NZ dollar extends gains after upbeat RBNZ, weaker US retail sales
Reserve Bank of New Zealand

NZ dollar extends gains after upbeat RBNZ, weaker US retail sales

The New Zealand dollar extended its gains overnight after the Reserve Bank's better-than-expected outlook for the local economy and as the greenback d.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015
NZ dollar gains after RBNZ's Wheeler keeps rates uncanged, upbeat on local outlook
Reserve Bank of New Zealand

NZ dollar gains after RBNZ's Wheeler keeps rates uncanged, upbeat on local outlook

The New Zealand dollar gained after Reserve Bank governor Graeme Wheeler kept the benchmark interest rate unchanged, saying the local economy was in a.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
RBNZ reviewing 4.5% 'neutral' monetary policy setting
Reserve Bank of New Zealand

RBNZ reviewing 4.5% 'neutral' monetary policy setting

Work is underway to review what the central bank thinks is a neutral setting - where the OCR neither stimulates nor holds back economic growth.

By Pattrick Smellie • 3 min read • Thu, 12th Mar 2015
NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices
Housing

NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices

New Zealand residential property prices rose in February, led by Auckland where an under-supply of housing is putting pressure on the market.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
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
Housing

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

Global Stories

Reserve Bank of New Zealand (RBNZ) stories

RBNZ looking at risk modelling, pricing to help boost returns
Reserve Bank of New Zealand

RBNZ looking at risk modelling, pricing to help boost returns

The Reserve Bank is looking at the way it models risk and pricing in respect to its own financial operations, which it hopes will allow it to generate.

By Pattrick Smellie • 3 min read • Fri, 13th Mar 2015
NZ food prices decline in February, led by lower fruit, vegetable, meat prices
Statistics NZ

NZ food prices decline in February, led by lower fruit, vegetable, meat prices

New Zealand food prices fell in February, led by seasonal declines in fruit and vegetables and lower meat prices.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
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