RBNZ / Reserve Bank of New Zealand stories
The biggest cyber-attacks of 2021 in New Zealand
Cyber attacks have surged in New Zealand, hitting organisations of all sizes across various sectors, raising concerns about data security.
Reserve Bank welcomes submissions on future of New Zealand's money
The Reserve Bank of New Zealand is seeking public input on the future of money, including the possibility of a central bank digital currency.
Privacy Commissioner issues compliance notice to Reserve Bank following 2020 cyber attack
Privacy Commissioner issues compliance notice to Reserve Bank of New Zealand for breaching Privacy Act after cyber attack on third-party file sharing service.
UPDATED: RBNZ ascribes data breach to third-party file sharing service
Reserve Bank of New Zealand hit by data breach, compromising 'commercially and personally sensitive' information. Urgent investigation underway.
Knosys signs contract with ANZ Bank to migrate its data
Knosys secures $840k deal with ANZ Bank NZ to bolster compliance with RBNZ rules.
Merchant choice routing: A process to significant savings for businesses
RBA backs choice routing to cut Aussie biz contactless payment costs.
NZ emerging as top fintech hub across Asia Pacific
New Zealand has emerged as one of the fastest-growing fintech hubs in the Asia Pacific region, according to the Global Fintech Index 2020.
Cryptocurrency conundrum: Reserve Bank & IR fumble in the dark
Whether it's cryptocurrency salaries or a central digital currency, no agency is quite sure how to tackle this upcoming payment trend.
Experts warning SMEs against borrowing against the family home
OneHQ warns SMEs to be cautious about using family homes as collateral for loans, despite cheaper interest rates and a struggling banking system.
Reserve Bank says 'not now' to the idea of official digital currency
Reserve Bank says it won't issue a digital currency for now, but may do so in the future, as digital payments and cryptocurrencies grow in popularity.
Reserve Bank keeps watchful eye on security; steers away from prescriptive rules
The Reserve Bank is letting the finance sector, regulators and other authorities steer their own course through cyber issues and security.
NZ dollar falls after US data suggests labour market less weak
The New Zealand dollar fell after US economic data including job openings suggested the labour market in the world's biggest economy isn't as weak as.
RBA keeps key rate at 2.25%, kiwi dollar retreats
The Reserve Bank of Australia held its cash rate unchanged at a record low, surprising market participants who had been betting on a further cut and d.
NZ building consents fall for a third month in February
New Zealand residential building consents declined for a third month in February, as the pace of new home building slowed.
New Zealand's commercial property lending less risky now due to lower debt funding
The Reserve Bank said New Zealand's $180 billion commercial property sector has become less risky since the global financial crisis because a reduced.
RBNZ looking at risk modelling, pricing to help boost returns
The Reserve Bank is looking at the way it models risk and pricing in respect to its own financial operations, which it hopes will allow it to generate.
NZ dollar gains after RBNZ's Wheeler keeps rates uncanged, upbeat on local outlook
The New Zealand dollar gained after Reserve Bank governor Graeme Wheeler kept the benchmark interest rate unchanged, saying the local economy was in a.
RBNZ reviewing 4.5% 'neutral' monetary policy setting
Work is underway to review what the central bank thinks is a neutral setting - where the OCR neither stimulates nor holds back economic growth.
NZ food prices decline in February, led by lower fruit, vegetable, meat prices
New Zealand food prices fell in February, led by seasonal declines in fruit and vegetables and lower meat prices.
Cheap oil to boost NZ national income by $2.4 bln a year, RBNZ says
New Zealand's national income is expected to get an annual boost of about $2.
Tepid inflation surprise raises spectre of lower interest rates
Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.
RBNZ’s Wheeler keeps OCR on hold, no rate hikes ahead
The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down infl.
NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.
Banks relieved as RBNZ drops '5-plus' test for home loans
The major banks are breathing a sigh of relief that the Reserve Bank of New Zealand has dropped proposals that would have deemed anyone owning five or.