NZ Reserve Bank News Feed

Reserve Bank of New Zealand News Releases

• RBNZ working with industry to improve access to basic transaction services
  Last year the Council of Financial Regulators (CoFR) consulted the public on whether New Zealanders should have the right to access a basic transaction account if they want one.
• RBNZ opens consultation on second tranche of DTA Standards exposure drafts
  The Reserve Bank of New Zealand – Te Pūtea Matua has opened consultation on exposure drafts of five more standards to support the implementation of the Deposit Takers Act 2023 (DTA).
• Consultation opens on keeping cash local
  We are asking the public for feedback on a proposal that banks must provide a minimum level of cash services so people, businesses, and community groups can withdraw cash, deposit cash, and get change free-of-charge close to where they live.
• RBNZ Governor Anna Breman: Monetary policy must focus on the future
  “To achieve our inflation target, we need to look ahead to the future, while learning from the past and understanding the present”, said Reserve Bank Governor Anna Breman in a speech at a Business Canterbury lunch today.
• OCR on hold at 2.25% with inflation expected to fall
  Monetary Policy Statement media release and the MPC’s Record of Meeting, which summarises the committee's discussions, leading to the decision.
• RBNZ calls on deposit takers to enhance risk management practices
  The Reserve Bank of New Zealand’s latest thematic review on deposit takers’ risk management practices stresses the need for continuous improvement to ensure risk management remains relevant, effective and aligned with good practice.