Articles tagged with Ocr
Finance Minister Appoints Hayley Gourley to Reserve Bank's Monetary Policy Committee
1 week ago | 104 viewsFinance Minister Nicola Willis appointed Hayley Gourley to the Reserve Bank’s Monetary Policy Committee (MPC), responsible for setting the Official Cash Rate (OCR) in New Zealand. Gourley's diverse experience in corporate, rural, and financial sectors will enhance the Committee's discussions, following the recommendation of the Reserve Bank's Board. She will succeed Professor Bob Buckle on 1 October 2025, who will retire at the end of September after making significant contributions to the MPC.
Tags: Finance Minister Nicola Willis Hayley Gourley Reserve Bank Monetary Policy Committee Official Cash Rate OCR New Zealand agribusinesses Professor Bob BuckleMajor Transport Reforms in Auckland to Enhance Accountability and Governance
2 weeks ago | 187 viewsSignificant transport reforms in Auckland since 2010 aim to enhance democratic accountability and empower Aucklanders to influence transport policies, as stated by Transport Minister Chris Bishop, Auckland Minister Simeon Brown, and Auckland Mayor Wayne Brown. The reforms involve shifting most transport functions from Auckland Transport to Auckland Council, establishing the Auckland Regional Transport Committee to create a 30-year transport plan, and granting local boards new powers for local road decisions. The changes, set to be in place by September 2026, prioritize public input, efficient governance, and improved transport outcomes for Auckland.
Tags: transport reforms Auckland democratic accountability elected representatives governance Auckland Transport Auckland Council Minister Chris Bishop Minister Simeon Brown Mayor Wayne BrownChallenging the Status Quo: The Impact of Regulatory Growth on Society
4 weeks ago | 256 viewsThe speaker expresses skepticism towards the theme of the conference, "Regulation 2025 to 2050: Disruption, Change, and Continuity," highlighting the negative impact of regulatory growth on resources, project viability, and culture. They discuss the need for regulatory reform in New Zealand, emphasizing the importance of addressing housing affordability and productivity challenges. The speaker advocates for greater public scrutiny of regulatory initiatives to ensure cost-effective benefits and urges a shift towards more efficient and transparent regulatory practices.
Tags: Regulation Change Continuity Public Choice Economics Housing Democracy Regulatory Failure Productivity Paradox Public Choice OriginsNew Zealand’s Stable Economy: Government’s Fiscal Management Keeps Official Cash Rate Low
2 months ago | 684 viewsThe Government’s responsible fiscal management has supported the Reserve Bank to keep the Official Cash Rate low, Finance Minister Nicola Willis says. The Reserve Bank of New Zealand today announced it would keep the Official Cash Rate (OCR) at 3. 25 per cent while continuing to foreshadow further reductions in the OCR.
Tags: Government fiscal management Reserve Bank Official Cash Rate Finance Minister Nicola Willis New Zealand OCR interest rates economic managementMedallic recognition for NZDF personnel extended
3 months ago | 709 viewsThe Government has expanded the criteria for medallic recognition for Defence personnel who have served in operations supporting the UN’s sanctions against North Korea, Defence Minister Judith Collins announced today. “This medal – the New Zealand General Service Medal (NZGSM) 2002 (Korea) – has already been awarded to 180 personnel and the move to widen eligibility means a further 350 personnel will be recognised,” Ms Collins says. “Personnel who have served as part of Operation Whio – which monitors the United Nations Security Council’s sanctions against the Democratic People’s Republic of Korea - since 2018 are now eligible for this medal.
Tags: 3k2 orion Aotearoa Collins Defence Defence force Democratic people ’ s republic of korea Judith collins Korean armistice agreement New zealand general service medal North korea Operation whio P - 8a poseidon United nations command United nations security council