In its typical bland and hedged way today’s Reserve Bank announcement points to the proliferating risks facing the New Zealand economy from both international and domestic conditions, says New Zealand First Leader and MP for Northland Rt Hon Wins
Updates filtered by: Reserve Bank
Reform of the Reserve Bank is becoming even more urgent as central banks around the world aggressively ease monetary policy, says New Zealand First.
The Governor of the Reserve Bank’s sombre economic forecast shows Finance Minister Bill English’s comments on the economy are phony optimism, New Zealand First says.
Following the latest EFTPOS outage, New Zealand First is calling on the Reserve Bank to purchase EFTPOS processor, Paymark, which is reportedly on the market.
Given the uncertainties and fragility in the New Zealand economy and the international economy, today’s Reserve Bank cut in the official cash rate comes as no surprise, says New Zealand First.
The Reserve Bank’s cut to the official cash rate is an admission it has been wrong all along, says New Zealand First.
The Reserve Bank’s tinkering avoids critical issues of the runaway Auckland housing market, says New Zealand First.
The Reserve Bank confirmed today Auckland house prices will continue to soar while the government allows wholesale immigration, says New Zealand First.
Kiwi savers are being let down by the National government which is shirking its responsibility to protect their bank deposits, says New Zealand First.
Excuses, but no relief from the National Government as the dollar touches an all-time high against the US dollar, says New Zealand First.
Kiwi home loan borrowers and exporters are being sacrificed as the Reserve Bank desperately tries to deflate the country’s housing bubble, especially in Auckland, says New Zealand First.
New Zealand First is calling on the Government to urgently support New Zealand First’s changes to the Reserve Bank Act to save manufacturers and exporters from the dire consequences of an overvalued dollar, says New Zealand First Leader Rt Hon Wi