Policy

Explore the latest government news by BusinessDesk. 
RBNZ will consider changing bank capital proposals - Bascand
Policy

RBNZ will consider changing bank capital proposals - Bascand

Deputy Reserve Bank governor Geoff Bascand says the central bank will consider making adjustments to its bank capital proposals in light of the submissions and the reviews by three independent experts."Of course, we are listening to what others are saying about our proposals," Ba...

Jenny Ruth 16 Oct 2019
Affordable power key to decarbonisation - Genesis
Policy

Affordable power key to decarbonisation - Genesis

Policymakers will need to ensure electricity remains affordable and reliable if the country is to decarbonise transportation and heavy industry, Genesis Energy says.Electricity – 84 percent renewable last year – has a key role to play in helping the country meet its Paris climate...

Gavin Evans 16 Oct 2019
Stronger-than-expected inflation won't deter November rate cut - economists
Policy

Stronger-than-expected inflation won't deter November rate cut - economists

New Zealand’s stronger-than-expected third-quarter inflation won’t deter the Reserve Bank from cutting interest rates again with most economists expecting a 25-basis point rate cut in November. The consumers price index increased 0.7 percent in the September quarter, bringing...

Rebecca Howard 16 Oct 2019
Domestic inflation rises at fastest annual pace in eight years
Policy

Domestic inflation rises at fastest annual pace in eight years

Consumer prices rose in the September quarter as housing costs spurred the largest annual increase in non-tradeable, or domestic, inflation in eight years. The consumers price index increased 0.7 percent in the September quarter, bringing the annual rate of inflation to 1.5 pe...

Rebecca Howard 16 Oct 2019