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Showing 1 - 10 of 168 results for "Bank of New Zealand"

RBNZ appoints Swedish central banker as governor

RIDDHIMA TALWANI | THURSDAY, 25 SEP 2025

The Reserve Bank of New Zealand has appointed Anna Breman as its new governor for a five-year term from 1 December 2025. Breman comes to the role after serving as the first deputy governor of the central bank of Sweden since September 2022. She has ...

NAB forecasts 50bp rate cut in May

ELIZA BAVIN | THURSDAY, 10 APR 2025

... potential to dwarf the economic impact on the Australian economy felt during the GFC and COVID." The Reserve Bank of New Zealand (RBNZ) reduced its cash rate this week, citing uncertainty surrounding the tariffs. "Against this backdrop, the recently ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN | WEDNESDAY, 5 MAR 2025

In the battle against inflation, the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) took different approaches. Now that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end ...

ASX taps Westpac NZ chief risk officer

MATTHEW WAI | FRIDAY, 31 JAN 2025

... the US. Prior to Westpac New Zealand, he was the general manager in management assurance and control at the Bank of New Zealand between 2018 and 2020. Before that he was based in Sydney and held senior titles in NAB and Westpac for over 12 years. He ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI | THURSDAY, 15 AUG 2024

On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

NZ Super Fund names chief risk officer

MATTHEW WAI | WEDNESDAY, 7 AUG 2024

... recruitment process. Mitchell brings extensive industry experiences, including different roles at the Reserve Bank of New Zealand, Morgan Stanley, Westpac Investment Management and ABN Amro. Speaking on the appointment, Guardians chief executive Jo Townsend ...

New Zealand exits recession

KARREN VERGARA | MONDAY, 24 JUN 2024

... Zealand's cash rate is currently 5.5% while inflation is tracking at 4%. ASB Bank predicts the Reserve Bank of New Zealand (RBNZ) will cut interest rates from early 2025. Its inflation target sits between 1% and 3% over the medium term. "For the ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN | MONDAY, 8 APR 2024

... indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said, subject to final regulatory approvals, it expects ...

Economic recap: Week to November 26

BENJAMIN ONG | MONDAY, 29 NOV 2021

... financial markets to bring forward the timing of central bank interest rate hikes. If anything, the Reserve Bank of New Zealand's (RBNZ) has already jumped the gun. The RBNZ raised interest rates by 25 basis points to 0.5% in October - ahead of the other ...

Economic recap: Week to November 5

BENJAMIN ONG | MONDAY, 8 NOV 2021

... the globe has had financial markets bring forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to 0.5% -- the first ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

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

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

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

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

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

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

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

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