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Reserve Bank Act

RBNZ outlines issues for possible new policy tools

RBNZ outlines issues for possible new policy tools
Wellington, July 5 NZPA - The Reserve Bank of New Zealand is considering new macro-prudential policy tools being developed globally to curb extreme macro-financial imbalances, like asset price bubbles, according to an article in the Reserve Bank Bulletin.

New regulations gazetted for deposit takers

Wellington, June 25 NZPA - New regulations, setting out minimum capital ratio requirements for deposit taking finance companies, building societies and credit unions, have been gazetted and will come into force from December 1.

Efforts to prevent property bubble on cards

Efforts to prevent property bubble on cards
Wellington, May 25 NZPA - The Government would be interested in any international moves to prevent the next property bubble forming, Finance Minister Bill English told a business audience this morning.

RBNZ and trustees to cooperate over new rules

RBNZ and trustees to cooperate over new rules
Wellington, March 30 NZPA - The Reserve Bank and New Zealand's five corporate trustees have signed an agreement to cooperate over the introduction of new rules for non-bank deposit takers.

IMF Report Supports Labour's Attitude - Goff

IMF Report Supports Labour's Attitude - Goff
Wellington, Feb 19 NZPA - Labour leader Phil Goff says the International Monetary Fund's suggestion that inflation targets should be raised has reinforced his party's decision to challenge existing monetary policy.

IMF Report Supports Labour's Attitude - Goff

IMF Report Supports Labour's Attitude - Goff
Wellington, Feb 19 NZPA - Labour leader Phil Goff says the International Monetary Fund's suggestion that inflation targets should be raised has reinforced his party's decision to challenge existing monetary policy.

Interest Rate Debate Between Banks And Politicans Continues

Interest Rate Debate Between Banks And Politicans Continues
Wellington, June 14 NZPA - Bank profits have fallen during the recession, BNZ chief executive Andrew Thorburn says, despite politicians arguing interest rate cuts have not been passed on to New Zealand customers.

Interest Rate Debate Between Banks And Politicans Continues

Interest Rate Debate Between Banks And Politicans Continues
Wellington, June 14 NZPA - Bank profits have fallen during the recession, BNZ chief executive Andrew Thorburn says, despite politicians arguing interest rate cuts have not been passed on to New Zealand customers.

Bollard Keeps Pressure On Banks' Lending Margins

Bollard Keeps Pressure On Banks' Lending Margins
Wellington, June 11 NZPA - Reserve Bank Governor Alan Bollard is keeping up his pressure on the country's banks to pass on interest rate cuts but says he isn't worrying about how much money they make.

Chris Ford: Banks Need To Be Nationalised To Stop Them Gouging Us!

Parliament's finance and expenditure select committee yesterday released a report accusing the banking sector of gouging at the expense of ordinary customers like you and me at a time of global recession.

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