Reserve Bank of New Zealand : Annual Report 2016

Monday 2 Oct 17 12:44pm
Governor's statement
The Bank has been active on many fronts. The global economy and financial markets have been challenging for monetary policy, the Bank has an intensive programme of work in respect of prudential oversight and macro-prudential policy; and it also has more major operational projects underway than in recent years.


Nearly 10 years on from the start of the global financial crisis, global economic growth remains disappointingly weak in many regions. Global growth in 2015, at 3 percent, was the weakest since 2008 and well below its long-term average. This was despite unprecedented monetary stimulus and commodity prices that remain well below the levels two years previously. Unfortunately, 2016 has seen further downward revisions of growth forecasts by the International Monetary Fund (IMF) and the Organisation for Economic Co-operation and Development (OECD). MORE.>

About Us

The Financial Services Council is a non-profit member organisation and the voice of the financial services sector in New Zealand. Learn more

Contact Us

+64 (09) 802 1532
[email protected]
Level 17, Commercial Bay Tower
11-19 Customs Street West
Auckland 1010
New Zealand