Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 85 results for "Reserve Bank of New Zealand"

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
"Despite the weaker global impetus, we expect low interest rates and government spending to support a pick-up in New Zealand's GDP growth over 2019. Low interest rates, and continued employment growth, should support household spending and business ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... director of Wesfarmers. Joining Smith-Gander on the review panel will be former deputy governor of the Reserve Bank of New Zealand, Grant Spencer. Spencer formerly held senior roles at the International Monetary Fund and was also previously head of financial ...

Future Fund investment specialist joins NZ Super

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... Products and Morgan Stanley. Prior to that, he worked with both the International Monetary Fund and the Reserve Bank of New Zealand. In March, the Future Fund made several changes to its leadership team in an effort to simplify its investment, technology ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
... and the nation's Reserve Bank is concerned about the conduct risk it is creating. According to the Reserve Bank of New Zealand's latest Financial Stability Report, in 2016 New Zealand-based life insurers paid financial advisers commissions of about 20%. ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... year and one in 2020 that will take the fed funds rate up to 3.4% by then. On the other hand, the Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 1.75% -- where it had been since November 2016. Not only that, RBNZ governor ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
"...the next move in the OCR could be up or down". This was a fair enough hedged bet from the Reserve Bank of New Zealand (RBNZ) - more like the oft-repeated statements from other central banks saying "the risks are evenly balanced" - but Governor Adrian ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... 0.6 pps in the December 2017 quarter. Recent history also provides lessons for the impatient. The Reserve Bank of New Zealand (RBNZ) lifted interest rates four times from 2.5% in March 2014 to 3.5% by August of the same the same year. No one can fault ...

NZ Super Fund appoints CEO

HARRISON WORLEY  |  WEDNESDAY, 20 JUN 2018
... serving as chief investment officer from 2014. After Adrian Orr departed to become Governor of the Reserve Bank of New Zealand in March 2018, Whineray acted as interim chief executive. NZ Super Fund chair Catherine Savage said Whineray stood out among ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
The prevailing global dynamics of tight labour markets and low inflation is not the sole purview of big developed economies. It's happening in the US - the biggest economy in the world (US$18.6 trillion in 2016, according to World Bank estimates) ...

Future Fund reshuffles investment team

KARREN VERGARA  |  THURSDAY, 8 MAR 2018
... and Morgan Stanley. Prior to that, Gilmore worked with both the International Monetary Fund and the Reserve Bank of New Zealand. Among the investment team reshuffle, head of infrastructure and timberland Wendy Norris will take up the new role of deputy ...