The Latest Breaking News from the Reserve Bank

After a slow economic year, many New Zealanders are eyeing 2025 with uncertainty but also a degree cautious optimism. Interest rates are dropping and unemployment rates remain below expectations.

‘No one really has the foggiest idea of what it will cost to develop nuclear in Australia,’ one expert says

Real fears about the impact of schemes are being exploited by those opposed to clean energy

Long-awaited mortgage relief looks closer as the central bank takes another interest rate hike off the table and lays the groundwork for future cuts.

Per capita GDP continued to decline for seventh consecutive quarter as population grew, ABS data shows

Climate change poses economic and social risks which can affect the workings of the financial system – the complex interaction of financial institutions and markets. Central banks, as the custodians of stable financial systems and stable prices (low, stable and predictable inflation), have a responsibility to ensure that financial systems…

On Thursday night, after a whirlwind day in Canberra, the Senate finally passed the federal government’s long-delayed amendments to the Reserve Bank Act.

Long-stalled Reserve Bank reforms have finally got the go-ahead, allowing the formation of separate monetary policy and governance boards.

Even as we spent less, the Reserve Bank kept raising rates – and now household disposable income is back to what it was in 2015