Dr Grant Spencer
Teaching in 2020
as Coordinator and Lecturer
School of Economics and Finance
Grant Spencer retired from the Reserve Bank of New Zealand in March 2018 where he held senior positions including Deputy Governor and Head of Financial Stability from 2007 to September 2017 and Acting Governor over the six months to March 2018. Grant has also held senior positions at ANZ Banking Group and was Alternate Executive Director of the International Monetary Fund. As Deputy Governor and Head of Financial Stability, Grant oversaw the prudential regulatory and supervision functions of the Reserve Bank as well as macro-prudential policy and the Bank’s financial market operations. Grant chaired the OECD Committee on Financial Markets from 2015 to 2018, and the Financial Markets Working Group of EMEAP, an association of eleven East Asia and Pacific Central Banks. Grant was a member of the Capital Markets Development Taskforce in 2010 and has served as Non-Executive Director of the New Zealand Institute of Economic Research and as a Council member for the New Zealand Corporate Treasurers Association.
BA (Hons), Economics and Information Science, Victoria University of Wellington,
MSc, Econometrics and Mathematics Economics, London School of Economics and Political Science
The financial system, financial regulation, and the interaction of the financial system with the real economy. International finance and the international monetary system.
- The New Zealand experience with macro-prudential policy, SEACEN
- Financial Stability Journal (forthcoming), 2018.
- Getting the best out of macro-prudential policy, speech delivered to INFINZ, Auckland, March 2018.
- Low inflation and its implications for monetary policy, speech delivered to the Institute of Directors, Auckland, December 2017.
- Banking regulation: Where to from here?, speech delivered to KangaNews New Zealand Debt Capital Markets Summit, Auckland, August 2017.
- Review of bank capital requirements, speech delivered to the New Zealand Bankers’ Association, Auckland, March 2017.
- Innovation with resilience – a Central Banker's perspective, speech delivered to Payments NZ conference, Auckland, November 2016.
- Informed investment decisions support financial system stability, Comments delivered to New Zealand - OECD International Network on Financial Education, Auckland, October 2016.
- Housing risks require a broad policy response, speech delivered to New Zealand Institute of Valuers, Wellington, July 2016.
- Investors adding to Auckland Housing Market risk, speech delivered to The Northern Club, Auckland, August 2015.
- 'The Reserve Bank and macro-financial stability', Reserve Bank of New Zealand: Bulletin, 73, 2, (2010).