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Showing 31 - 40 of 168 results for "Bank of New Zealand"

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG | FRIDAY, 9 AUG 2019

... fallen to their lowest level in three years to 1.59% from a high of 1.94% in April this year. The Reserve Bank of New Zealand (RBNZ), the Bank of Thailand (BOT) and the Reserve Bank of India's (RBI) surprise moves towards increased monetary policy ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG | THURSDAY, 8 AUG 2019

... Three central bank meetings, all three cut interest rates, all three policy decisions a surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 50 bps to a new record low of 1% at its August meeting. This is bigger than market ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA | WEDNESDAY, 17 JUL 2019

... to lead the panel, which comprises AGL Energy non-executive director Diane Smith-Gander and former Reserve Bank of New Zealand acting governor Grant Spencer. APRA appears to operate in a culture that is "unwilling to challenge itself, slow to respond ...

AMP Life sale blocked

JAMIE WILLIAMSON | MONDAY, 15 JUL 2019

... the current terms do to challenges in meeting the condition precedent to obtain approval from the Reserve Bank of New Zealand (RBNZ). On July 13, Resolution Life informed AMP that the RBNZ would not consider Resolution Life's change of control application ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG | THURSDAY, 27 JUN 2019

The Reserve Bank of New Zealand (RBNZ) did as it was expected - it kept the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out ...

John Key under fire

ELIZABETH MCARTHUR | TUESDAY, 25 JUN 2019

... former New Zealand Prime Minister John Key come under fire over governance issues at the bank. The Reserve Bank of New Zealand (RBNZ) is requesting assurance from ANZ that it is operating in a prudential manner in New Zealand by way of an independent ...

Bank chief steps down amid expenses scandal

ELIZABETH MCARTHUR | TUESDAY, 18 JUN 2019

... head of commercial then global head of retail and finally stepping into the chief executive role. The Reserve Bank of New Zealand and Australian Prudential Regulation Authority were notified of the change in leadership. Antonia Watson is now acting as ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG | THURSDAY, 9 MAY 2019

... 7 Travel', it would have been better (dare I say, sexier) that instead of a printed statement, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr verbally delivered the news that: "The Official Cash Rate (OCR) has been reduced to 1.5%." "The ...

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 ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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