Finance Minister quashes idea of RBNZ buying bonds directly from government

Finance Minister quashes idea of RBNZ buying bonds directly from government
Rebecca Howard
Markets have been abuzz with the possibility the Reserve Bank could buy bonds directly from the government but Finance Minister Grant Robertson has poured cold water on the idea – at least for now. “We’re getting well ahead of ourselves talking about that,” he told journalists today. However, “there will come a time when we will need some more stimulus in the economy. There is a range of options available to us and we haven’t made any decisions about that,” Robertson said. So far, the central bank has embarked on a large-scale asset-bu...

More Economy

Inflation data keep RBNZ rate cuts on track
Economy

Inflation data keep RBNZ rate cuts on track

Today's data point to inflation peaking close to 3% in 3Q. 

Cars from collapsed dealer at director’s previous firm
Economy

Cars from collapsed dealer at director’s previous firm

Cars were moved off the yards before the insolvencies.

First look at NZICC, and SkyCity's hopes for $70m fund
Economy

First look at NZICC, and SkyCity's hopes for $70m fund

SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.

Dileepa Fonseka 15 Sep 2025
Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025