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Nau mai, haere mai

Welcome to the Reserve Bank of New Zealand – Te Pūtea Matua. We are New Zealand's central bank.

How can we help you today?

Official Cash Rate

The OCR influences the price of borrowing money in New Zealand and allows us to influence the level of economic activity and inflation.

3.5 % Next Update:

Monetary Policy Review announcement

Read our latest Monetary Policy Review.

Inflation

Inflation occurs when the prices of a range of goods and services rise on average.

7.3 %

The Queen and the King on New Zealand’s currency

There is no immediate impact on New Zealand’s banknote and coins designs and cash use as a result of a change in Sovereign.

Read our media advisory
The Queen and the King on New Zealand’s currency

The latest

See our latest news

Continued monetary tightening

The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 3.5% from 3.0%.

Interim Solvency Standard for insurers issued

The Reserve Bank has today issued its Interim Solvency Standard, informed by two years of planning and consultation with the insurance industry and other interested parties.
Proposals to enhance clarity of risk weighting requirements

The Reserve Bank of New Zealand - Te Pūtea Matua is proposing changes to how banks should apply risk weightings to their exposures under bank capital adequacy rules.
RBNZ and FMA seeking feedback on draft FMI Standards

The Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) and the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko are inviting feedback on the exposure drafts of standards for financial market infrastructures (FMIs). The Financial Market Infrastructures Act 2021 (the FMI Act) establishes the RBNZ and the FMA as the joint regulator of designated FMIs.
Our transformation as a modern prudential regulator

The Reserve Bank of New Zealand – Te Pūtea Matua has been evolving to meet the increased expectations placed on us as a modern central bank and prudential regulator, Deputy Governor Christian Hawkesby says in a speech published today.
ESAS and NZClear on 26 September 2022

Reserve Bank of New Zealand – Te Pūtea Matua would like to provide an update regarding the operational functionality of ESAS and NZClear on 26 September 2022- Queen Elizabeth II Memorial Day.

Climate Changed – why climate matters to RBNZ

The Reserve Bank of New Zealand - Te Pūtea Matua is working with central banks internationally to help increase the resilience of the financial system against the risks of a changing climate.
The Queen and the King on New Zealand’s currency

There is no immediate impact on New Zealand’s banknote and coins designs and cash use as a result of a change in Sovereign. 
What Matters for Job Finding and Separation in the long-run?

Evidence from Labour Market Dynamics in New Zealand.



Upcoming MPS/MPR Announcements

 

23 Nov 2022 MPS (livestream) Announcements are made to financial markets at 2pm (NZST) and then to the news media, and via Twitter, the website and email. We reserve the right to make changes if required due to unexpected developments. In that unlikely event, we would give the markets and the media as much warning as possible.

See all the Monetary Policy Announcement and Financial Stability Report dates for 2022/23
22 Feb 2023
 MPS (livestream)
13 Apr 2023 MPR announcement
 

News and events

See our media releases

In this section you can access all our media releases and search by date and topic.

See our upcoming events

Search for our upcoming events here. You can also search our past events.

See our speeches

Under our Korero (speaking and engagement) programme, our staff meet and speak with a wide range of businesses, industry forums, community groups, schools and universities. See all our speeches here.
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What we do

Our statistics and research work

Statistics

We publish statistics and insights that are related to our policy and regulatory responsibilities here.

Research

We publish research into issues relevant to monetary and prudential policies and macroeconomic dynamics.

About us

The Reserve Bank of New Zealand – Te Pūtea Matua is New Zealand’s central bank. Find out about our people and how we work.

Have your say

We regularly consult with regulated entities and the wider financial sector on changes to regulations or monetary policy. 

Have your say
Have your say