Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Reserve Bank proposes to remove LVR restrictions
The Reserve Bank is proposing the removal of mortgage loan-to-value ratio (LVR) restrictions in line with the Bank’s financial stability mandate. The proposal is in response to the economic downturn caused by the COVID-19 pandemic.…
RBNZ : Bridging the Gap – Seeing the…
Working at the Reserve Bank for the people of New Zealand is a privilege and at a time like now there is no shortage of motivation. We are working both as a skeleton crew at our…
Reserve Bank of New Zealand: Mahi Tahi: Working…
Te Pūtea Matua – the Reserve Bank of New Zealand - is working closely with the whole of government and industry to ensure financial stability. “In these difficult times we are working to ensure New…
RBNZ: Corporate facility another step to support market…
The Reserve Bank is deploying another tool to provide additional liquidity to the corporate sector, and support smooth market functioning. A new weekly Open Market Operation (OMO) will provide liquidity in exchange for eligible Corporate…
Reserve Bank: Mortgage holiday and business finance support…
News release issued by the Minister of Finance The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of…
RBNZ: Regulatory relief to provide headroom for customer-focus…
The Reserve Bank will delay or slow down most of its regulatory initiatives for an initial period of six months. This action is being taken to reduce the regulatory impost on financial institutions and free up…
