RBNZ's Hawkesby Promoted to Deputy Governor

By Sophia Rodrigues

Published On 06 Oct 2021 , 12:00 AM

The Reserve Bank of New Zealand has announced the promotion Christian Hawkesby to the position of deputy governor, effective January 2022. Hawkesby is currently the assistant governor for economics, financial markets and banking and will replace Geoff Bascand who retires in January.

Hawkesby joined the RBNZ in 2019 from Harbour Asset Management, and prior to that he spent 9 years at the Bank of England.

 

LATEST SNIPPETS

Australia Q3 net export to add 0.2%ppt to Q3 GDP

Australia net export to contribute 0.2 percentage point to Q3 GDP, data from ABS showed.
Terms of trade was st...

Published on : 03 Dec 2019 , 11:40 AM
Australia consumer confidence off multi-year low but econ conditions view further down

Consumer confidence rose 1.2% in the week to Dec. 1 to 108.1, marking the first rise in four weeks but remained...

Published on : 03 Dec 2019 , 10:04 AM
Australia ANZ job ads down in November; Trend firmly negative

Job ads fell for the second straight month in November, down 1.7% m/m after a 1.0% fall in October, data from ANZ sho...

Published on : 02 Dec 2019 , 11:42 AM
Key points from Australia's private sector credit for October

Key points from Australia's private sector credit growth for October, published by the RBA Friday.
--...

Published on : 29 Nov 2019 , 12:00 AM
RBA may buy RMBS if dysfunction in mortgage market

Regarding purchase of Residential Mortgage-Backed Securitie (RMBS), RBA Governor Philip Lowe said last night that it...

Published on : 27 Nov 2019 , 09:58 AM
RBNZ dismissing possibility of negative OCR?

The RBNZ appears to be dismissing the possibility of a negative official cash rate. In the Financial Stability Report...

Published on : 27 Nov 2019 , 07:17 AM
Is that another first by the RBA?

The RBA is a rare central bank that doesn't follow anyone on twitter. And it never replies to anyone on twitter....

Published on : 26 Nov 2019 , 12:10 PM
Live broadcast of RBA Lowe's speech is first of many

RBA will be broadcasting live "audio" of Governor Philip Lowe's speech later Tuesday. This is the first...

Published on : 26 Nov 2019 , 01:10 AM
Australia consumer confidence falls to over 4-yr low

Australian consumer confidence fell 2.8% in the week to November 25, to the lowest level in over four years, data fro...

Published on : 26 Nov 2019 , 10:04 AM
Westpac economists expect Australia house prices to rise 5% in 2020

Economists at Westpac expect Australia's house price upswing to continue in 2020, rising 5%, but with getting cap...

Published on : 25 Nov 2019 , 11:55 AM