Quarterly that explores issues related to both central banking and the New Zealand economy. On the record speeches of the Governor and Deputy Governors also featured regularly.
23 March 2005 Vigilance and reinvigoration The New Zealand economy has experienced a very good period of growth over the last ten or so years, averaging 3.4 per cent GDP growth per annum. In the last five years, with growth averaging 3.8 per...
This article examines recent trends in the New Zealand corporate sector by analysing data from various sources. The corporate sector has enjoyed increased profitability over the past few years on the back of strong economic growth. While the absolute...
Few topics in central banking are of wider public interest than bank notes and coins. Most of us have at least a passing interest in the design, manufacture and circulation of the currency and we all like to compare our notes and coins with those of...
The Reserve Bank has left the OCR unchanged at 6.75 per cent. Reserve Bank Governor Alan Bollard said: "At the March MPS we expressed concern about the persistence of inflation pressures in the economy which were severely limiting our inflation...
This article provides an overview of the retail sector over the past five years. Strong sales growth across all store types has been a key feature of the retail sector over the period. The scale of the retail sector has also been expanding, with a...
The past decade and a half has seen a consistent decline in the household savings rate in New Zealand. This trend is not isolated to New Zealand, but is also occurring in other OECD countries. In addition, household indebtedness has risen at a faster...
This article discusses the various changes to the currency and cash distribution procedures that have occurred in recent years, together with the more recent decisions to modernise the 'silver' coins. Polymer notes, which were introduced in 1999, are...