RBNZ sprung a leak ahead of last week's monetary policy statement

RBNZ sprung a leak ahead of last week's monetary policy statement
Jenny Ruth
The Reserve Bank said it accidently leaked information on last week's monetary policy statement to a small group of financial services firms 45 minutes ahead of its official release and said it has engaged accounting firm Deloitte to independently investigate."The accidental disclosure was included in a letter sent to non-bank financial institutions to finalise a consultation process," the RBNZ said in a statement."The letter confirmed the Reserve Bank's decision to introduce a funding for lending programme but did not co...

More Finance

ComCom taking Westpac to court over CCCFA breach
Finance

ComCom taking Westpac to court over CCCFA breach

More than 14,000 Westpac customers affected by CCCFA breach, ComCom said.

Garth Bray 25 Aug 2025
Stop raising bank capital ratios now, says competition report
Finance

Stop raising bank capital ratios now, says competition report

Select committee recommends an immediate end to increasing capital ratios. 

Pattrick Smellie 22 Aug 2025
Kiwibank looks to grow as FY profit tightens
Finance

Kiwibank looks to grow as FY profit tightens

Kiwibank has flagged the NZ economy to improve in 2026.

Staff reporters 21 Aug 2025