Reserve Bank revisits Macroprudential Policy

Reserve

Wellington, July 4, 2019 The Reserve Bank of New Zealand (RBNZ) has refreshed its strategy for using Macroprudential Policy six years after its implementation. At a Conference hosted by Otago University, Deputy Governor Geoff Bascand said, “Financial stability is important for the wellbeing of New Zealanders, and Macroprudential Policy is a key line of defence for safeguarding financial stability. Our…

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Leaders emphasise importance of Inclusion citing INL Awards

Venkat Raman Ethnic communities contribute substantially to various sectors of the New Zealand economy and it is necessary to acknowledge them, a Minister of the Crown has said. Ethnic Communities Minister Jenny Salesa said that the South Asian and South East Asian communities in general and the Indian community in particular have been great achievers in various sporting activities. “They…

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Achievers across communities honoured at our Awards

Achievers across communities honoured at our Awards

Venkat Raman New Zealand is increasingly becoming multicultural and with the rise in the population of migrants from various countries of the world, there is a need to be inclusive, leaders of the country have said. Ethnic Communities Minister Jenny Salesa, Auckland Mayor Phil Goff, National Party Members of Parliament Mark Mitchell and Kanwaljit Singh Bakshi and Indian High Commission…

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Twyford, main victim of PM’s ministerial ‘reset’

Sam Sachdeva Jacinda Ardern’s first ministerial reshuffle has seen Phil Twyford pay the price for his KiwiBuild failures, while Kris Faafoi was perhaps the biggest winner in rising to Cabinet. Can you really have a KiwiBuild “reset” without resetting the Minister behind it? It is that fundamental question, and the obvious answer, which perhaps best explains why Phil Twyford has…

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Largest Retail Furniture facility construction progressing

Largest Retail Furniture facility construction progressing

Venkat Raman A multi-million dollar retail development will provide a significant boost to the local economy with suppliers running 24 hour shifts to manufacture materials for its construction. Work on the Furniture and homewares retailer Nido complex, covering 31,000 sqm area at 158 Central Park Dr, Henderson began in October 2018. Construction work began in October 2018 and is expected…

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