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RBNZ hikes rates up by 50bps
As widely expected, the Reserve Bank of New Zealand’s monetary policy committee yesterday increased the official cash rate (OCR) by...
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NZ annual inflation hits its highest level in more than 30 years
New Zealand’s consumers price index jumped 6.9 per cent in the March 2022 quarter, compared with the March 2021 quarter, on the...
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Alchemy Pay and ePayments to offer crypto payments down under
Fiat-crypto payments provider, Alchemy Pay, and merchant payment provider, ePayments, have joined forces to offer crypto payments...
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RBNZ hikes rates to 1.5% on inflation concerns
The Reserve Bank of New Zealand’s monetary policy committee yesterday hiked the official cash rate (OCR) by 50 basis points to 1.5...
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RBNZ to raise rates by at least 25bps on Wednesday
Westpac New Zealand expects the Reserve Bank of New Zealand to raise the official cash rate by at least another 25 basis points (...
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Vittoria Shortt becomes new NZBA chair
ASB CEO Vittoria Shortt has been elected chair of the New Zealand Bankers’ Association (NZBA), replacing Kiwibank CEO Steve...
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Zepto raises $25m to fuel local and international growth
Real-time account-to-account merchant payments platform Zepto’s Series A funding round has attracted $25 million which will be used...
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BNZ’s Paul Conway to move to the RBNZ
Bank of New Zealand’s Paul Conway will join the Reserve Bank of New Zealand as chief economist and director of economics in May....
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Changes needed as New Zealanders use less cash
There’s a need for deliberate changes to the cash system in New Zealand to keep it resilient and efficient.
That’s the...
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