New Zealand's central bank

The Reserve Bank manages monetary policy to maintain price stability, promotes the maintenance of a sound and efficient financial system, and supplies New Zealand banknotes and coins.

04 Feb 2016
NEWS  Reserve Bank highlights importance of market discipline
The Reserve Bank today highlighted the importance of market discipline as one of three pillars that help maintain the stability of financial institutions.
04 Feb 2016
NEWS  Reserve Bank Bulletin looks at the importance of market discipline in its prudential regime
The Reserve Bank today published a Bulletin article, ‘The importance of market discipline in the Reserve Bank’s prudential regime‘ that argues market discipline is a central and robust component of the Bank’s prudential framework.
04 Feb 2016
NEWS  Forward guidance aids effective monetary policy
The Reserve Bank’s regular forward guidance on interest rates supports the effectiveness and accountability of its monetary policy actions, Assistant Governor and Head of Economics, Dr John McDermott, said today.
03 Feb 2016
NEWS  Reserve Bank will draw on PTA flexibility
The Reserve Bank will continue to draw on the flexibility contained in the PTA in managing economic risks and assessing monetary policy, Governor Graeme Wheeler said today.
29 Jan 2016
NEWS  Reserve Bank Bulletin looks at divergence in house prices between Auckland and regions
The Reserve Bank today published a Bulletin article, ‘New Zealand house prices: a historical perspective’ that provides historical context to the current divergence between house price inflation in Auckland and the rest of New Zealand.

Coming up

10 Mar 2016 OCR announcement and Monetary Policy Statement media conference
28 April 2016 OCR announcement
11 May 2016 Financial Stability Report and media conference

Highlights