Many of these publications are also available in print and are free of charge. Check the publications order form for a list of publications that are currently available.
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Reserve Bank of New Zealand’s Annual Report
History of the Reserve Bank of NZ
Published July 2009. In 2009 the Reserve Bank marked its 75th year of operations – three quarters of a century spanning some of New Zealand’s most tumultuous decades.
The Reserve Bank and New Zealand’s
Economic History (PDF 2.5MB)
Published July 2007. This booklet outlines the broad history of the New Zealand economy since the 1840s, and details the role the Reserve Bank has played in it since the mid-1930s. Also available as individual chapters for download.
What is the Reserve
Published November 2007. A one-page fact sheet.
Reserve Bank Statement of Intent
PDFs available. The SOI sets out the objectives for the next three years and the budget for the first year of that period. The SOI also details the Bank’s strategic priorities for the next financial year.or the period.
Briefing on the Reserve Bank of New
prepared to brief the incoming Minister of Finance on the role and functions of the Reserve Bank of New Zealand, 2012
Published quarterly, each Monetary Policy Statement (MPS) describes how the Reserve Bank proposes to achieve its targets; how it proposes to formulate and implement monetary policy during the next five years; and how monetary policy has been implemented since the last MPS.
Explaining Monetary Policy (PDF
Published July 2007. This brochure explains what monetary policy is, and how the Reserve Bank implements it.
What is the Official Cash Rate?
Published December 2006. This one-page fact sheet discusses the primary instrument that the Reserve Bank uses to implement monetary policy. Also available as a PDF (116 KB)
What is the Policy Targets
Published May 2007. A fact sheet on the agreement between the Minister of Finance and the Governor of the Reserve Bank. The PTA sets specific targets for achieving and maintaining price stability.
Policy Targets Agreement: Reserve Bank
briefing note and related papers
Published September 2002.
Explaining currency: New Zealand’s bank notes and coins (PDF 398KB) General information on New Zealand’s bank notes and coins, including pictures.
Know Your Credit Ratings (PDF 110KB) A factsheet explaining how financial institution credit ratings work, and what they can and cannot do.
Banking supervision handbook Detailed information on the Reserve Bank's banking supervision policy framework.
Upside, downside: A guide to risk for savers and investors (PDF 1MB) Published September 2012. A booklet written by Mary Holm, commissioned by the Reserve Bank of New Zealand. This publication replaces Snakes and ladders.
Explaining Financial System Liquidity (PDF 52KB)
Origins of the ‘Credit Crunch’ and Recession (PDF 44KB)
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