Speeches

A chronological listing of on-the-record speeches made by Governors and senior officials of the Reserve Bank.

2010 Speeches

• The crisis and monetary policy: what we learned and where we are going 29 January 2010

2009 Speeches

• Economic Recovery 14 July 2009
• World recession and how we cope 27 February 2009
• Coping with global financial and economic stresses 30 January 2009

2008 Speeches

• Everyone needs to play their part: Inflation and recession in the New Zealand economy 10 December 2008
• Flexibility and the Limits to Inflation Targeting 30 July 2008
• Financial stability challenges for small open economies 7 March 2008
• ‘Coping with Shocks – a New Zealand Perspective’ 25 January 2008

2007 Speeches

• Opinion article by Reserve Bank Deputy Governor Grant Spencer 27 June 2007
• Commodities, Dairy Prices and the New Zealand Economy 12 June 2007
• Easy Money: Global Liquidity and its Impact on New Zealand 15 March 2007
• Delivering sound and innovative financial services for New Zealand 26 January 2007

2006 Speeches

• Kiwis like buying houses more than buying businesses 9 November 2006
• Household savings and wealth in New Zealand 27 September 2006
• Agriculture, Monetary Policy and the Economy 18 July 2006
• Excerpt from an address to the Association of Superannunation Funds of NZ entitled: "Can NZ expect to carry out independent monetary policy?" 13 July 2006
• Excerpt from an address entitled "A Financial System that Works for New Zealand", to the Financial Services Institute of Australasia 23 May 2006
• Bank capital, risk management and the economy 10 April 2006
• Towards a framework for promoting financial stability in New Zealand 22 March 2006
• Major Global Developments in the New Millennium 27 January 2006
• Inflation Targeting: The New Zealand Experience and Some Lessons 18 January 2006

2005 Speeches

• Monetary Policy and Economic Performance: The Experience of New Zealand 15 November 2005
• Housing debt, inflation and the exchange rate 2 November 2005
• Imbalances in the New Zealand economy 14 October 2005
• New Zealand Payment System 11 August 2005
• Bank regulation and supervision in New Zealand: recent and ongoing developments 23 March 2005
• New Zealand’s potential growth rate 28 January 2005

2004 Speeches

• Excerpt from an address to the New Zealand Society of Actuaries in Napier entitled: "A prosperous but vulnerable nation" 17 November 2004
• Being a responsible host: Supervising foreign-owned banks 2 October 2004
• What's happening in the property sector? 2 September 2004
• Supervising overseas-owned banks: New Zealand's experience 11 August 2004
• Speech excerpt on the Reserve Bank's exchange rate intervention proposal 25 March 2004
• Asset prices and Monetary Policy 30 January 2004

2003 Speeches

• After the National Bank acquisition: living with big Australian banks 6 November 2003
• Investing in a low inflation world 14 October 2003
• Extract from an address to the Property Council of New Zealand 9 September 2003
• Corporate governance in the financial sector 7 April 2003
• Making sense of a rising exchange rate 24 January 2003

2002 Speeches

• The evolution of monetary policy in New Zealand 25 November 2002
• Effectiveness of public security and features on bank notes 9 April 2002
• An indebted people 25 January 2002
• Inflation targeting 14 years on 5 January 2002

2001 Speeches

• Monetary policy in 'Interesting Times' 21 November 2001
• “That private banks should create almost all New Zealand’s money supply” 27 August 2001
• Faster growth? If we want it 2 August 2001
• Banking on capital punishment 27 June 2001
• Promoting financial stability: the New Zealand approach 6 June 2001
• Should the Reserve Bank have eased as fast as the Federal Reserve? 21 May 2001
• Central Banks: What they can and cannot do 30 March 2001
• Making monetary policy : a look behind the curtains 26 January 2001

2000 Speeches

• Institutional frameworks for inflation targeting 20 October 2000
• The fall of the New Zealand dollar: why has it happened, and what does it mean? 5 October 2000
• Comments in response to a speech delivered to SEANZA Governors' Forum 26 August 2000
• Can the Reserve Bank ignore the current increase in inflation? 2 August 2000
• Central banks and financial system stability in an uncertain world 6 June 2000
• The pros and cons of currency union: a Reserve Bank perspective 22 May 2000
• Foreign reserves: some observations in an Asian context - current issues in reserves management for Asian central banks 9 May 2000
• Will the Reserve Bank choke the recovery? 21 March 2000
• Inflation targeting in New Zealand, 1988-2000 9 February 2000
• The building blocks of economic growth 28 January 2000

1999 Speeches

• Opening address to the SEANZA Forum of the Banking Supervisors' Conference 11 November 1999
• Comments on accepting the NZIER/QANTAS Economics Award 18 August 1999
• Reforming the global financial architecture: some New Zealand perspectives 9 July 1999
• Comments on the Third Hong Kong Monetary Authority Distinguished Lecture given by Monsieur Jean-Claude Trichet 8 July 1999
• Inflation targeting: 10 years on 1 July 1999
• Comments on "Future exchange rate regimes for developing East Asia: exploring the policy options" by Professor John Williamson 21 June 1999
• Inflation targeting: is New Zealand's experience relevant to developing countries? 17 June 1999
• Monetary policy into the new millennium 25 March 1999
• The New Zealand dollar and the recent business cycle 29 January 1999
• Inflation targeting: an alternative way of achieving price stability 5 January 1999

1998 Speeches

• The Road Ahead 25 November 1998
• Reserve Bank forecasting: should we feel guilty? 21 October 1998
• Asian prospects and challenges 15 October 1998
• Myths about the Reserve Bank and property investment 18 August 1998
• Monetary policy in a dangerous world 26 June 1998
• New Zealand's economic reforms: a model for change? 3 June 1998
• The regulatory framework for securitisation by banks in New Zealand 18 May 1998
• Monetary policy in New Zealand: business as usual 20 April 1998
• Living with low inflation: farming for profit 2 April 1998
• In a world of open capital markets, how can central banks best help banking systems remain strong? 13 March 1998
• New Zealand's balance of payments deficit: does it matter? 30 January 1998

1997 Speeches

• The implications of the global financial marketplace for New Zealand 19 November 1997
• Growth,productivity and monetary policy: longer-term perspectives 12 November 1997
• How fast can the New Zealand economy grow? 6 October 1997
• Exchange rates, export prices, and the Reserve Bank's Monetary Conditions Index 22 August 1997
• Banking soundness and the role of the market 30 January 1997

1996 Speeches

• Monetary and fiscal policy and their impact on exporters 11 November 1996
• The new inflation target, and New Zealanders' expectations about inflation and growth 11 November 1996
• New Zealand and international financial markets: have we lost control of our own destiny? 29 June 1996
• A new approach to banking supervision 5 June 1996
• New Zealand's remarkable reforms 4 June 1996
• The policy implications of electronic payments 16 May 1996
• Economic policy issues facing the nation 4 April 1996
• Monetary policy and the free-market economy 22 February 1996
• An address to the Canterbury Employers Chamber of Commerce 26 January 1996