Policy
Explore the latest government news by BusinessDesk.
Policy
Deposit protection reduces case for RBNZ's bank capital increases, Robertson hints
By Pattrick Smellie June 24 (BusinessDesk) - A bank deposit protection scheme may help defuse the battle between the Reserve Bank and the country's biggest trading banks over how much extra capital they should have to hold on their balance sheets, Finance Minister Grant Robert...
Policy
Govt to introduce deposit insurance; RBNZ keeps prudential supervision
By Paul McBeth June 24 (BusinessDesk) - Finance Minister Grant Robertson wants to keep prudential supervision under the Reserve Bank's purview and plans to introduce deposit protection to bring New Zealand into line with other developed nations. Cabinet today signed off on...
Policy
Granular approach needed for cost-effective emissions reduction
By Gavin Evans June 24 (BusinessDesk) - Cost-effective emissions reduction will require a granular approach and a willingness to rethink traditional ways energy is used in the economy, a visiting climate and sustainability expert says. Michael Liebreich says the interaction...
Policy
RBNZ seen keeping rates on hold but signalling more cuts to come
By Rebecca Howard June 24 (BusinessDesk) - The Reserve Bank of New Zealand is expected to keep rates on hold at Wednesday’s review but will signal further cuts are possible. All 20 economists surveyed by Bloomberg expect the official cash rate to stay at 1.5 percent but 11...
Prev
