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  1. #121
    Speedy Az winner69's Avatar
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    Reads like a company’s growth strategy

    Whoever gets the job will need to be careful what they’re eating at a BBQ ...answering what’s your job “Assistant Governor/General Manager, Transformation and People” is quite a mouthful


    https://www.rbnz.govt.nz/news/2019/1...ership-changes
    . To say extreme valuations are “justified” is also to say that long-term market losses are “justified.” .

  2. #122
    Legend peat's Avatar
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    Quote Originally Posted by winner69 View Post
    Reads like a company’s growth strategy

    Whoever gets the job will need to be careful what they’re eating at a BBQ ...answering what’s your job “Assistant Governor/General Manager, Transformation and People” is quite a mouthful


    https://www.rbnz.govt.nz/news/2019/1...ership-changes
    kicking out one of the two woman currently in senior management to do so.
    increasing stakeholder relations seems like a big deal, so that's the government huh , being 100% owner of the RBNZ
    For clarity, nothing I say is advice....

  3. #123
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    So the RBNZ has an Auckland office? The one I knew was closed when the NZD was floated and Exchange Controls were abolished. But I guess it makes a bit of sense with all the major banks headquartered in the Big Smoke these days.

    Last edited by macduffy; 14-11-2019 at 03:53 PM.

  4. #124
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    Quote Originally Posted by macduffy View Post
    So the RBNZ has an Auckland office? The one I knew was closed when the NZD was floated and Exchange Controls were abolished. But I guess it makes a bit of sense with all the major banks headquartered in the Big Smoke these days.

    They definitely had an office early 90's ( Bond tenders were delivered by hand. ) think it continued as they run regular days out of there for disaster management ....
    They are headquartered in a shaky place .

  5. #125
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    They are headquartered in a shaky place
    .

    Not really. It's several centuries since the Auckland volcanoes erupted!


  6. #126
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    Quote Originally Posted by macduffy View Post
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    Not really. It's several centuries since the Auckland volcanoes erupted!

    Which makes it that much closer to the next one.

  7. #127
    Legend peat's Avatar
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    Default Bank Capital RBNZ

    Croaking Cassandra louder than ever today!

    "At midday the Governor of the Reserve Bank will descend from the mountain-top,having communed with himself for some months, and tell us how much more capitallocally-incorporated banks will have to hold"
    For clarity, nothing I say is advice....

  8. #128
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    and it is 18% as expected (I think)
    16% for smaller banks


    the kiwi is bouncing around about a 1/3rd of a cent up

    and the RBNZ website is crumbling under the strain.
    Last edited by peat; 05-12-2019 at 11:03 AM.
    For clarity, nothing I say is advice....

  9. #129
    Speedy Az winner69's Avatar
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    . To say extreme valuations are “justified” is also to say that long-term market losses are “justified.” .

  10. #130
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    Finally getting with the program .
    8 AM ANNOUNCEMENT today .
    Would have been a lot easier if he just followed Aussie and let the hand brake off gently ......

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