Tag: reserve_bank
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Media Monitor: Reserve Bank Holds Official Cash Rate
Radio New Zealand reports the Reserve Bank has held steady the official cash rate. Also, a woman was found dead after calling for an ambulance, and experts advise against storm damage buyouts.
Politics and GovernmentHealthBusinessSportWorldEconomyMedical ScienceLaw Enforcement Reserve Bankofficial cash rateBarbara Rose McGeeScott GuyFeildingFinanceRNZ News
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Media Monitor: OCR held, heavy rain forecast, youths in custody after shoplifting
1 News reports the Reserve Bank held the OCR, ending a streak of cuts since July 2024. Heavy rain is forecast for parts of New Zealand, and six youths are in custody after an Auckland shoplifting incident.
BusinessWeatherPolitics and GovernmentLaw EnforcementHealthUnited StatesEconomyGeneral WeatherWhite HouseLegalSocial Issues Official Cash RateReserve BankMetServiceNorth IslandSouth IslandAucklandCrimeOne News NZ
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Reserve Bank Funding Reduced by 25% in New Agreement
The Government and the Reserve Bank have agreed to reduce the bank's operating expenses by 25% in the coming year. The new agreement allocates $750 million in operating expenses and $25.6 million for capital expenditure.
Reserve BankNicola WillisGovernment FundingTreasuryOperating ExpensesFinance