Kia ora,  

Thank you for contacting the Reserve Bank of New Zealand - Te Pūtea
Matua.   

Please note that this is an automatic reply to acknowledge that we have
received your email. We aim to respond to you in 14-21 working days. In
the meantime please read the below for our frequently asked questions. 

 

Upcoming Monetary Policy Announcements   

See all the Monetary Policy Announcement and Financial Stability Report
dates for 2023/2024 [1]here. 

 

Money & Cash   

* [2]Returning old or damaged currency  
* [3]The Future of Cash   
* [4]Security and counterfeit detection  
* [5]Using images of currency    

Banknote or coin suggestions   
If your email is offering suggestions related to banknote or coin designs
then it will be kept for review as part of any future work in this area.  

Who we are and what we do  
We are kaitiaki (guardians) of New Zealand’s financial ecosystem, working
to fulfil our purpose of Toitu te Ōhanga, Toitu te Oranga (enabling the
prosperity and wellbeing of all New Zealanders). We deliver on our mandate
by:  

o [6]Operating monetary policy to maintain low and stable inflation and
contribute to maximum sustainable employment  
o [7]Promoting a sound and efficient financial system  
o [8]Meeting the public’s cash needs  
o [9]Overseeing effective payments systems  

Statistics  
For any queries or clarifications on the [10]data and statistics we
publish, please email [11][email address].  

Firms we regulate  
The Reserve Bank is the prudential regulator of banks, insurers, and
non-bank deposit takers (NBDTs).   

o [12]List of registered banks in New Zealand  
o [13]List of licensed insurers   
o [14]Register of licensed NBDTs  

Complaints about banks, insurers, and NBDTs 
If you have a complaint, please deal directly with your bank or insurer in
the first instance. You can also contact the [15]Banking Ombudsman,
the [16]Insurance and Financial Services Ombudsman, or the [17]Financial
Markets Authority. 

Looking for information about the strength of the financial system?  
Check out our [18]Bank Financial Strength Dashboard. You can also read our
regular assessments of the economy and the financial system:  

o [19]Monetary Policy Statement  
o [20]Financial Stability Report   

Please note that the Reserve Bank is not authorised to give legal or
financial advice. Please contact a lawyer or a financial adviser
instead.  

Kōrero – our speaking and engagement programme 
Reserve Bank staff meet and speak with a wide range of businesses,
industry forums, community groups, schools and universities. These
engagements are welcome opportunities to discuss topical issues and
policies, hear people’s experiences and answer questions.  

Please check out the [21]Kōrero webpage for more information on the
programme. To request a speaker, please email [22][email address].  

 

We’ll be in touch as soon as possible. 

Kia ora,  

   

Thank you for contacting the Reserve Bank of New Zealand - Te Pūtea
Matua.   

Please note that we are operating with a reduced team during the Christmas
and New Year period. We will aim to respond to you as soon as possible in
early 2023. In the meantime please read our frequently asked
questions below.    

 

Upcoming Monetary Policy Announcements   

See all the Monetary Policy Announcement and Financial Stability Report
dates for 2023/2024 [23]here. 

 

Money & Cash   

* [24]Returning old or damaged currency  
* [25]The Future of Cash   
* [26]Security and counterfeit detection  
* [27]Using images of currency    

Banknote or coin suggestions   
If your email is offering suggestions related to banknote or coin designs
then it will be kept for review as part of any future work in this area.  

Who we are and what we do  
We are kaitiaki (guardians) of New Zealand’s financial ecosystem, working
to fulfil our purpose of Toitu te Ōhanga, Toitu te Oranga (enabling the
prosperity and wellbeing of all New Zealanders). We deliver on our mandate
by:  

o [28]Operating monetary policy to maintain low and stable inflation and
contribute to maximum sustainable employment  
o [29]Promoting a sound and efficient financial system  
o [30]Meeting the public’s cash needs  
o [31]Overseeing effective payments systems  

Statistics  
For any queries or clarifications on the [32]data and statistics we
publish, please email [33][email address].  

Firms we regulate  
The Reserve Bank is the prudential regulator of banks, insurers, and
non-bank deposit takers (NBDTs).   

o [34]List of registered banks in New Zealand  
o [35]List of licensed insurers   
o [36]Register of licensed NBDTs  

Complaints about banks, insurers, and NBDTs 
If you have a complaint, please deal directly with your bank or insurer in
the first instance. You can also contact the [37]Banking Ombudsman,
the [38]Insurance and Financial Services Ombudsman, or the [39]Financial
Markets Authority. 

Looking for information about the strength of the financial system?  
Check out our [40]Bank Financial Strength Dashboard. You can also read our
regular assessments of the economy and the financial system:  

o [41]Monetary Policy Statement  
o [42]Financial Stability Report   

Please note that the Reserve Bank is not authorised to give legal or
financial advice. Please contact a lawyer or a financial adviser
instead.  

Kōrero – our speaking and engagement programme 
Reserve Bank staff meet and speak with a wide range of businesses,
industry forums, community groups, schools and universities. These
engagements are welcome opportunities to discuss topical issues and
policies, hear people’s experiences and answer questions.  

Please check out the [43]Kōrero webpage for more information on the
programme. To request a speaker, please email [44][email address].  

 

We’ll be in touch as soon as possible. 

 

 

Kind regards | Ngā mihi nui 

  

Reserve Bank of New Zealand – Te Pūtea Matua  

2 The Terrace, Wellington 6011. PO Box 2498, Wellington 6140  

T + 04 471 3660  

E [45][RBNZ request email]   W [46]rbnz.govt.nz  

This message (and any files transmitted with it) are confidential and may
be legally privileged. If you are not the intended recipient please notify
the sender immediately and delete this message from your system.

This message does not necessarily reflect the views of the Reserve Bank of
New Zealand. If the recipient has any concerns about the content of this
message they should seek alternative confirmation from the Reserve Bank of
New Zealand.

References

Visible links
1. https://www.rbnz.govt.nz/hub/news/2022/1...
2. https://www.rbnz.govt.nz/notes-and-coins...
3. https://www.rbnz.govt.nz/notes-and-coins...
4. https://www.rbnz.govt.nz/notes-and-coins...
5. https://www.rbnz.govt.nz/notes-and-coins...
6. https://www.rbnz.govt.nz/monetary-policy
7. https://www.rbnz.govt.nz/financial-stabi...
8. https://www.rbnz.govt.nz/notes-and-coins
9. https://www.rbnz.govt.nz/payments-and-se...
10. https://www.rbnz.govt.nz/statistics
11. mailto:[email address]
12. https://www.rbnz.govt.nz/regulation-and-...
13. https://www.rbnz.govt.nz/regulation-and-...
14. https://www.rbnz.govt.nz/regulation-and-...
15. https://bankomb.org.nz/the-complaint-pro...
16. https://www.ifso.nz/complaints/
17. https://www.fma.govt.nz/
18. https://bankdashboard.rbnz.govt.nz/summary
19. https://www.rbnz.govt.nz/monetary-policy...
20. https://www.rbnz.govt.nz/financial-stabi...
21. https://www.rbnz.govt.nz/news-and-events...
22. mailto:[email address]
23. https://www.rbnz.govt.nz/hub/news/2022/1...
24. https://www.rbnz.govt.nz/notes-and-coins...
25. https://www.rbnz.govt.nz/notes-and-coins...
26. https://www.rbnz.govt.nz/notes-and-coins...
27. https://www.rbnz.govt.nz/notes-and-coins...
28. https://www.rbnz.govt.nz/monetary-policy
29. https://www.rbnz.govt.nz/financial-stabi...
30. https://www.rbnz.govt.nz/notes-and-coins
31. https://www.rbnz.govt.nz/payments-and-se...
32. https://www.rbnz.govt.nz/statistics
33. mailto:[email address]
34. https://www.rbnz.govt.nz/regulation-and-...
35. https://www.rbnz.govt.nz/regulation-and-...
36. https://www.rbnz.govt.nz/regulation-and-...
37. https://bankomb.org.nz/the-complaint-pro...
38. https://www.ifso.nz/complaints/
39. https://www.fma.govt.nz/
40. https://bankdashboard.rbnz.govt.nz/summary
41. https://www.rbnz.govt.nz/monetary-policy...
42. https://www.rbnz.govt.nz/financial-stabi...
43. https://www.rbnz.govt.nz/news-and-events...
44. mailto:[email address]
45. mailto:[RBNZ request email]
46. https://www.rbnz.govt.nz/

Dear Brendon

 

I refer to your message of 10 June 2023:

 

Is it, and has it been the policy of the RBNZ to throw thousands of New
Zealanders out of work, hold down wages and keep a lip on social spending
to combat inflation

 

You have not requested official information and therefore we are unable to
respond under the Official Information Act 1982. Questions which require
an agency to form an opinion or provide an explanation and so create new
information to answer the request are not official information.

 

If you are interested in Monetary Policy there is comprehensive
information available on the RBNZ website at the following link:
[1]https://www.rbnz.govt.nz/monetary-policy

 

Yours sincerely

 

 

Government and Industry Relations Team

Reserve Bank of New Zealand – [3]Text Description automatically generated
Te Pūtea Matua
[4]cid:image010.png@01D7593A.4FF7BCD0   
2 The Terrace, Wellington
6011. PO Box 2498, Wellington
6140

W [2]rbnz.govt.nz

 

 

 

From: Brendon Mills <[5][FOI #23083 email]>
Sent: Saturday, 10 June 2023 5:24 pm
To: RBNZ Info <[6][RBNZ request email]>
Subject: Official Information request - Wages, jobs and public services in
New Zealand

 

Dear Reserve Bank of New Zealand,

Is it, and has it been the policy of the RBNZ to throw thousands of New
Zealanders out of work, hold down wages and keep a lip on social spending
to combat inflation

Yours faithfully,

Brendon Mills

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This is an Official Information request made via the FYI website.

Please use this email address for all replies to this request:
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Is [8][RBNZ request email] the wrong address for Official Information
requests to Reserve Bank of New Zealand? If so, please contact us using
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If you find this service useful as an Official Information officer, please
ask your web manager to link to us from your organisation's OIA or LGOIMA
page.

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This message (and any files transmitted with it) are confidential and may
be legally privileged. If you are not the intended recipient please notify
the sender immediately and delete this message from your system.

This message does not necessarily reflect the views of the Reserve Bank of
New Zealand. If the recipient has any concerns about the content of this
message they should seek alternative confirmation from the Reserve Bank of
New Zealand.

References

Visible links
1. https://www.rbnz.govt.nz/monetary-policy
2. https://www.rbnz.govt.nz/
5. mailto:[FOI #23083 email]
6. mailto:[RBNZ request email]
7. mailto:[FOI #23083 email]
8. mailto:[RBNZ request email]
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