Reserve Bank of New Zealand Bulletin articles

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June 2001 (Vol 64, no 2)

Download the complete issue of the June 2001 bulletin (PDF 279KB)

Articles

Editors Note (PDF 16KB)

Developments in the New Zealand banking industry (PDF 63KB)

By Loretta DeSourdy
This article reviews developments in the New Zealand banking system over the year to December 2000. Financial information extracted from banks' disclosure statements indicates a strong banking system with good asset quality.

Recent trends in household financial assets and liabilities (PDF 70KB)

By Clive Thorp
Financial markets serving households have undergone marked changes since they were fully deregulated from the mid-1980s. This article examines changing trends in the sources and allocation of household financial liabilities and assets since then in the context of a long-run perspective on changes in household wealth.

Market expectations of the Official Cash Rate (PDF 116KB)

By Leo Krippner and Michael Gordon
The Reserve Bank is interested in expectations of the official cash rate that are held by financial market participants. In this article we discuss two formal methods by which the Bank measures these expectations; a direct survey of market surveys, and extracting OCR expectations indirectly from financial market prices.

Speeches

Should the Reserve Bank have eased as fast as the Federal Reserve? (PDF 27KB)

Alternatively, link to the html version of this speech by Dr Don Brash

Promoting financial stability: the New Zealand approach (PDF 34KB)

Alternatively, link to the html version of this speech by Dr Don Brash

Banking on capital punishment (PDF 56KB)

Alternatively, link to the html version of this speech by Dr Rod Carr

The views expressed are those of individual authors and do not necessarily reflect official positions of the Reserve Bank of New Zealand. Articles published in this Bulletin may not be wholly or substantially reproduced without the permission of the Reserve Bank of New Zealand. Data, brief extracts from articles, and other material appearing in the Bulletin, may be used without restriction provided due acknowledgement is made of the source.