
Bank customers get $39m in payouts
Banking customers have been paid out close to $39 million in compensation
Banking customers have been paid out close to $39 million in compensation
Former ASB bank chief executive Hugh Burrett has passed away.
RBNZ considering IMF recommendations but aiming for regime 'fit for New Zealand'.
Cyber-attacks a significant threat but RBNZ says no need for prescriptive requirements.
Feedback is sought on what instruments should qualify as bank capital.
Clamping down on migration would cause an economic slump, says Infometrics.
COMMENT: Price declines will be welcomed by many, but may cause a economic slowdown.
House sales have made a mint in the first quarter of 2017, with $3.8 billion in profits.
Housing credit growth continues to slow reflecting a similar slowdown in the market.
The bank began advertising for a new 'chief executive' this month.
A rate hike isn't fully priced in until March 2020.
Joyce, Spencer sign unchanged policy targets to cover transition after Wheeler departs.
NZ's central bank is preparing to add debt-to-income limits - but might not use them.
The NZ financial system is sound but housing remains a key risk, the central bank says.
The dollar rose after yesterday's monetary policy review kept interest rates unchanged.
Markets expected the Reserve Bank would move forward its forecasts for future rises.
The dollar rose ahead of the Reserve Bank's monetary policy statement.
Labour's plan to reform monetary policy is more modest than it looks.
Labour wants the Reserve Bank to consider full employment as well as inflation.
A Labour government would end the Reserve Bank governor's 'single decision-maker' power.
The NZ dollar was little changed as financial markets awaited the outcome of a US vote.
The Reserve Bank has kept the official cash rate on hold at 1.75 per cent.
The New Zealand dollar gained ahead of the RBNZ's six-weekly review of monetary policy.
All 11 economists polled expect rates to remain on hold
COMMENT: Want to know what's going on in NZ's external affairs? Ask Australia.
COMMENT: Both income and asset tests decide who gets a subsidy, Mary Holm writes.
COMMENT: In last week's monetary policy statement , the word "uncertainty" came up eleven times, by Mark Lister's count.
Reserve Bank deputy governor Grant Spencer says it's still too early to declare victory with the recent slowdown in house prices.
Don't expect interest rates to stay still despite the Reserve Bank's decision to keep the official cash rate on hold.