Reserve Bank of New Zealand

Their role includes:

  • operating monetary policy, eg by setting the Official Cash Rate (OCR) to keep prices stable
  • helping to keep the banking, finance company and insurance sectors running smoothly
  • supplying NZ's money, eg notes and coins

The Governor of the Reserve Bank is accountable to the government for the bank's performance, but in most other areas has statutory independence about how outcomes are achieved.

Ministers

  • Hon Grant Robertson

    Hon Grant Robertson

    Minister of Finance

  • Hon David Parker

    Hon David Parker

    Associate Minister of Finance

  • Hon Shane Jones

    Hon Shane Jones

    Associate Minister of Finance

  • Hon James Shaw

    Hon James Shaw

    Associate Minister of Finance

Managers

  • Adrian Orr

    Adrian Orr

    Governor

  • Professor Neil Quigley

    Professor Neil Quigley

    Chairperson

Sector

State Services

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