Latest FromReserve Bank of NZ
![OCR left at 2.5pc + video](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR left at 2.5pc + video
Reserve Bank governor Graeme Wheeler has kept the official cash rate at 2.5 per cent and delivered a relatively upbeat Monetary Policy Statement.
![Reserve Bank's latest Monetary Policy Statement](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Reserve Bank's latest Monetary Policy Statement
New Reserve Bank Governor Graeme Wheeler today delivered his first Monetary Policy Statement - a relatively upbeat affair.
![Brian Fallow: Wheeler keeping close eye on housing](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Brian Fallow: Wheeler keeping close eye on housing
The Reserve Bank is watching the housing market, but at this point not so much like a hawk as like a dove, writes Brian Fallow.
![Brian Fallow: Swipe at bank governor off mark](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Brian Fallow: Swipe at bank governor off mark
If any bias has been on display it is Norman's against the banks, commercial and central, writes Brian Fallow.
![OCR tipped to stay put](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR tipped to stay put
The Reserve Bank is expected to hold the official cash rate at 2.5 per cent on Thursday, so the focus will be on how the bank's view of the outlook has changed.
![NZ credit card spending shrinks 0.9pc](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ credit card spending shrinks 0.9pc
New Zealand's total credit card spending has taken its first annual drop in three years.
![Bank policy might hinder bailouts](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bank policy might hinder bailouts
But a systemically important bank may not be allowed to fail in future, says S&P.
![Brian Fallow: Loan-to-value no magic bullet](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Brian Fallow: Loan-to-value no magic bullet
Reserve Bank eyes tools to help prevent booms and busts that devastate household and bank balance sheets.
![English: House price rise is no surprise](/pf/resources/images/placeholders/placeholder_l.png?d=793)
English: House price rise is no surprise
A rise in household incomes that is greater than the average house price rise makes recent real estate market buoyancy unsurprising, says Bill English.
![Wheeler warns against credit growth (+video)](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Wheeler warns against credit growth (+video)
Reserve Bank governor Graeme Wheeler has warned excessive credit growth may trip up New Zealand's economic rebalancing and has singled out agricultural debt as being uncomfortably high.
![Bernard Hickey: Bailout fears for big four banks](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bernard Hickey: Bailout fears for big four banks
The release of any other disaster plan for a major part of New Zealand's economy would be big news, but not for banking. Bernard Hickey looks into it.
![Greens' money plan 'wacky' - Key](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Greens' money plan 'wacky' - Key
John Key says the Greens' call for the Reserve Bank to print more money in a bid to devalue the dollar is "pretty wacky'' and could create a financial crisis.
![Labour sees merit in Greens' money call](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Labour sees merit in Greens' money call
National says the Greens' call for the Reserve Bank to print money in a bid to devalue the dollar is a "snake-oil solution" but it has backing from Labour.
![Hickey: Heresy the norm for central banks](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Hickey: Heresy the norm for central banks
Heresy is, unfortunately, becoming common in central banking. The world's most important central banks are printing money like there's no tomorrow. Bernard Hickey looks into it.
![Should we act on the high NZ dollar?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Should we act on the high NZ dollar?
Most agree that the kiwi is overvalued and some say the solution is for the Reserve Bank to cut interest rates. But two differing perspectives argue it's not that simple. Add your comment to the debate.
![Bernard Hickey: Foreigners get first dibs on bank assets](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bernard Hickey: Foreigners get first dibs on bank assets
How would you feel if someone muscled in front of you in the queue at the bank? How would you feel if the manager actually encouraged queue-jumping? Bernard Hickey looks at bank assets.
![Big bank profits the price for stability - Bollard](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Big bank profits the price for stability - Bollard
The four Australian-owned banks earn more out of NZ than banks in most other countries, but that's the price of a sound financial system, says Alan Bollard.