Reserve Bank of New Zealand
central bank of New Zealand
The Reserve Bank of New Zealand (RBNZ) (Māori: Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 and is currently constituted under the Reserve Bank of New Zealand Act 2021. The current governor of the Reserve Bank, Anna Breman, is responsible for New Zealand's currency and operating monetary policy.
History
The Reserve Bank of New Zealand was established from 1 August 1934 by the Reserve Bank of New Zealand Act 1933. The Reserve Bank first issued banknotes in 1934, see New Zealand pound.
The Banking (Prudential Supervision) Act 1989, which came into effect in February 1990, resulted in the Reserve Bank becoming independent of government control in RBNZ's role of managing monetary policy by introducing an inflation targeting mandate. New Zealand was the first country in the world to try this regime, which was later adopted in other countries.
The Reserve Bank of New Zealand Amendment Act 2008
included amendments to the BPSA 1989, including the introduction of capital requirements for deposit takers.
The Non-Bank Deposit Takers Act 2013
gave RBNZ the role of prudential regulator and licensing authority for non-bank deposit takers.
In December 2018, the Sixth Labour Government of New Zealand passed the Reserve Bank of New Zealand (Monetary Policy) Amendment Act 2018, which created the bank's monetary policy committee and codified "maximum sustainable employment" as an objective of monetary policy alongside price stability.
This brief starts where responsible research should: with the source description of “Reserve Bank of New Zealand” as central bank of New Zealand. Everything that follows is an evidence route, not borrowed authority.
Why this record matters
The subject matters to the general reference register because the source frames it as central bank of New Zealand. Its deeper value depends on whether names, dates, institutions and citations support that framing.
The citation trail is more important than the brevity of the summary: it shows where individual claims can be examined in context. The source revision retrieved here is dated Sep 3, 2026. The linked authority identifier is Q1494550. VIAF identifies the subject as 148367509. The Library of Congress control number is n81139983. Authority coordinates are -41.279, 174.775. 2 of 5 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 1934, 2021, 1933 and 1989.
Overview language is designed for orientation and should not be treated as a substitute for the evidence cited beneath it. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
How to read it
Use the entry as an orientation point, then follow its citations and revision history. Names, dates and institutional relationships should be checked against the original record.
- Subject orientation
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The closest primary source, responsible institution and strongest cited specialist reference.
Three-step research path
- Establish the record: confirm the title “Reserve Bank of New Zealand”, its source revision and the description used here.
- Expand the search: follow Reserve Bank of New Zealand primary sources, Reserve Bank of New Zealand archive and Reserve research across catalogues and specialist indexes.
- Test the account: compare the strongest cited source with the responsible institution’s current record and note any disagreement.
Questions for further research
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This entry incorporates text from “Reserve Bank of New Zealand” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.