Govt announces new levy on financial firms to help fund RBNZ

The Government is shifting its responsibility of funding the Reserve Bank’s regulatory functions onto the financial sector.

It has today announced a new prudential levy on banks, non-bank deposit takers, insurers, and financial market infrastructure providers as part of the 2026 Budget to cover

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Nicholas Pointon Thu, 28 May 2026

Contact the Writer: nicholas@nbr.co.nz

News tip? Question? Typo? Let us know: editor@nbr.co.nz

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