RBNZ

ASB's $6.73m anti-money laundering fine confirmed by High Court after compliance failures relating to billions of dollars worth of transactions

ASB's $6.73m anti-money laundering fine confirmed by High Court after compliance failures relating to billions of dollars worth of transactions

ANZ Truckometer data points to softening economic momentum with light and heavy traffic falls in May, ahead of next week’s GDP release

ANZ Truckometer data points to softening economic momentum with light and heavy traffic falls in May, ahead of next week’s GDP release

Mortgage top ups accounted for nearly half of new mortgage approvals in April

Mortgage top ups accounted for nearly half of new mortgage approvals in April

Roger J Kerr says oil price movements likely to outweigh US economic data as a determinant for NZD/USD rate direction

Roger J Kerr says oil price movements likely to outweigh US economic data as a determinant for NZD/USD rate direction

Latest Reserve Bank figures show new lending dropped 6% to $14.2 billion in April from March, but rose 16% from $12.3 billion in April 2025

Latest Reserve Bank figures show new lending dropped 6% to $14.2 billion in April from March, but rose 16% from $12.3 billion in April 2025

Reserve Bank decides to expand legal use of the words 'bank', 'banker' and 'banking'

Reserve Bank decides to expand legal use of the words 'bank', 'banker' and 'banking'

Roger J Kerr sees a growing probability that the NZD will rise to 'well above 60 USc'. As oil prices fall away (in USD), the cost in NZD will fall faster. He also sees a new era of transparency and accountability at the RBNZ

Roger J Kerr sees a growing probability that the NZD will rise to 'well above 60 USc'. As oil prices fall away (in USD), the cost in NZD will fall faster. He also sees a new era of transparency and accountability at the RBNZ

RBNZ Assistant Governor Karen Silk says everyone on the Monetary Policy Committee is comfortable with having their votes made public and despite the split vote, there was still a lot of consensus

RBNZ Assistant Governor Karen Silk says everyone on the Monetary Policy Committee is comfortable with having their votes made public and despite the split vote, there was still a lot of consensus

‘I would be very disappointed’ if banks passed costs of a new prudential levy onto their customers, Finance Minister Nicola Willis says

‘I would be very disappointed’ if banks passed costs of a new prudential levy onto their customers, Finance Minister Nicola Willis says

Government introduces new levy on banks, non-bank deposit takers, insurers and financial market infrastructure providers which is estimated to raise $209 million over the next four years

Government introduces new levy on banks, non-bank deposit takers, insurers and financial market infrastructure providers which is estimated to raise $209 million over the next four years

RBNZ Governor Anna Breman says public sector job cuts weren't ‘formally’ included in its latest labour market outlook and the central bank is waiting to see what the 2026 Budget contains to build a bigger picture

RBNZ Governor Anna Breman says public sector job cuts weren't ‘formally’ included in its latest labour market outlook and the central bank is waiting to see what the 2026 Budget contains to build a bigger picture

Reserve Bank files anti-money laundering court proceedings against The Co-operative Bank, parties suggest $1.425m penalty

Reserve Bank files anti-money laundering court proceedings against The Co-operative Bank, parties suggest $1.425m penalty

Although the Reserve Bank is caught between a rock and a hard place, its priority should be not making things worse, Brian Fallow says

Although the Reserve Bank is caught between a rock and a hard place, its priority should be not making things worse, Brian Fallow says

‘I made an assessment on how I see these two forces.’ RBNZ Governor Anna Breman on her casting vote in May's OCR review

‘I made an assessment on how I see these two forces.’ RBNZ Governor Anna Breman on her casting vote in May's OCR review

Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting

Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting