Apr 17 - The International Monetary Fund gave an optimistic opinion on New Zealand's economic outlook, with the pace of growth seen staying around 3 percent, and says the strong Crown books offer enough headroom to meet the needs of an expanding population
Apr 16 - An article published today in the Reserve Bank Bulletin compares labour supply developments across the OECD and examines how New Zealand is placed.
Mar 29, 2018 - The Reserve Bank today registered Bank of China to provide banking services in New Zealand.
Mar 26, 2018 - Finance Minister Grant Robertson and incoming Reserve Bank Governor Adrian Orr today signed a new Policy Targets Agreement (PTA) setting out specific targets for maintaining price stability and a requirement for employment outcomes to be considered in the conduct of monetary policy.
Mar 22, 2018 - Statement by Reserve Bank Governor Grant Spencer: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
Feb 28, 2018 - Public disclosure is a cornerstone of the Reserve Bank’s approach to prudential regulation and supervision.
Feb 16, 2018 - Revenue Minister Stuart Nash has confirmed the bright-line test on residential property sales will be extended from two years to five years in legislation currently making its way through Parliament.
Feb 09, 2018 - Exascale computing company, Nyriad, announced that it has completed its Series A investment round, bringing it to a total of over US$11 million raised to date.
Feb 08, 2018 - Statement by Reserve Bank Governor Grant Spencer. The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.Global economic growth continues to improve. While global inflation remains subdued, there are some signs of emerging pressures. Commodity prices have increased, although agricultural prices are relatively soft. International bond yields have increased since November but remain relatively low. Equity markets have been strong, although volatility has increased recently. Monetary policy remains easy in the advanced economies but is gradually becoming less stimulatory.
ANZ subsidiary’s lending data trove vital to consumer-led economy thrust
Jan 1, 2018 - China’s HNA pulled plenty of value out of UDC Finance without contributing a cent of the $660 million that it was said to be paying for the New Zealand plant financier.
As part of the acquisition scheme, an attenuated one, the Chinese would have discovered UDC’s key ratios in regard to things such as depreciation, defaulting, interest, and time terms.
Palace of the Alhambra, Spain
By: Charles Nathaniel Worsley (1862-1923)
From the collection of Sir Heaton Rhodes
Oil on canvas - 118cm x 162cm
Valued $12,000 - $18,000
Offers invited over $9,000
Contact: Henry Newrick – (+64 ) 27 471 2242
Mount Egmont with Lake
By: John Philemon Backhouse (1845-1908)
Oil on Sea Shell - 13cm x 14cm
Valued $2,000-$3,000
Offers invited over $1,500
Contact: Henry Newrick – (+64 ) 27 471 2242