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Economics
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RBNZ’s Hawkesby counters criticism of capital requirements

Finance Minister targets value for money, asking the central bank to look for cost efficiencies.

Reserve Bank Governor Christian Hawkesby.

Reserve Bank Governor Christian Hawkesby has batted off criticism that New Zealand’s capital requirements are overly restrictive compared with other countries, saying it is complex to directly compare international capital requirements.

In an official memo to Finance Minister Nicola Willis on

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Jonathan Mitchell Wed, 25 Jun 2025
Contact the Writer: jmitchell@nbr.co.nz
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RBNZ’s Hawkesby counters criticism of capital requirements
Economics,
109748
true