NZ Reserve Bank News Feed

Reserve Bank of New Zealand News Releases

21 April 2021

Press releases issued by the Reserve Bank of New Zealand Reserve Bank of New Zealand News Releases
  • Monetary Stimulus Continued
    The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment objectives. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large Scale Asset Purchase and Funding for Lending programmes unchanged.
  • Reserve Bank retains some dividend restrictions and expects banks to be prudent
    The Reserve Bank of New Zealand - Te Pūtea Matua - is easing the dividend restrictions placed on retail banks at the height of the COVID-19 pandemic.
  • Reserve Bank responds to call for Climate Change consultation
    The Reserve Bank of New Zealand – Te Pūtea Matua has submitted a response to the Climate Change Commission’s Climate Action for Aotearoa consultation. This is the Commission’s first draft advice report to the Government on the steps New Zealand must take to reduce greenhouse gas emissions and address climate change.
  • RBNZ takes action over weaknesses in Westpac NZ’s risk governance
    The Reserve Bank of New Zealand - Te Pūtea Matua has raised concerns around Westpac New Zealand’s risk governance processes and has instructed the bank to commission two independent reports to address them.
  • Reserve Bank's Payment and Settlement Systems win international award
    The Reserve Bank of New Zealand - Te Pūtea Matua has been named the winner of the ‘Payments and Market Infrastructure (Wholesale) Award’ at the Central Banking Publications annual awards. The award was given in recognition of the Reserve Bank’s work on its new payment settlement system launched last year.
  • Some temporary liquidity facilities to be removed
    The Reserve Bank – Te Pūtea Matua today announced that it will be removing some of the temporary liquidity facilities put in place during the COVID-19 pandemic.


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