Westpac NZ eyes monetary policy reform for change-laden RBNZ

RBNZ grappling with changes aplenty. (Image: NZME)

Fri, 05 Sep 2025

The Reserve Bank of New Zealand is already handling a full plate of change, and now Westpac NZ has presented a smorgasbord of other potential reforms for its consideration.The Reserve Bank of NZ (RBNZ) is searching for a new governor and looking for a new chair, as well as working through a round of internal restructuring. It is also consulting on capital adequacy requirements for banks.It has also loosened monetary policy to 3.0% in recent months, with more cuts expected, and brought inflation back within its target band of 1-3%. NZ's econ...

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