'At a glance' series

Learn about monetary policy, the New Zealand financial system and Open Bank Resolution with these simple graphics and videos.

Monetary policy at a glance
RBNZ economic model
The Reserve Bank’s economic model is intended to illustrate how our economy works and provide a framework for the Bank’s economists to think about what is happening within it and where the economy, and inflation, may be heading next. It shows the total amount of goods and services produced in our economy, or our Gross Domestic Product.
Economic projections
Each quarterly Monetary Policy Statement that the Reserve Bank releases includes the Bank’s projections (or forecasts) for the future. These forecasts paint a picture of where the Bank economists think the New Zealand economy, inflation and interest rates are heading over the next few years.
MPS at a glance
The Reserve Bank’s Monetary Policy Statement (MPS) provides a quarterly picture of the New Zealand economy, how it is performing and where the Bank thinks it is heading next. It is a snapshot in time, as the economy never stops moving.
Financial system at a glance
Financial system
New Zealand has a sophisticated financial system involving many layers and players. The Reserve Bank regulates the institutions depicted directly under the magnifying glass in this financial system graphic.
FSR at a glance
The Reserve Bank's Financial Stability Report reports on the soundness and efficiency of New Zealand's financial system.
LVR restrictions at a glance
Restrictions on loan-to-value ratios (LVRs) are limits on banks to reduce the amount of low-deposit mortgage lending. Prudent lending standards are important for the long-term health of the banking system and the economy.
Open Bank Resolution
Open Bank Resolution
Open Bank Resolution (OBR) is a long-standing Reserve Bank policy aimed at allowing a distressed bank to be kept open for business, while placing the cost of a bank failure primarily on the bank’s shareholders and creditors, rather than the taxpayer.