Monetary policy lessons from New Zealand Lesson 3: keep prices stable The third lesson from our experience has been the crucial importance for financial system stability of keeping prices stable.
  A sure sign of the fine health of our banking sector was the entry of additional operators on the banking scene, with (i) the conversion of a non-bank deposit taking institution into a full-fledged bank in June 2010 and (ii) the first Islamic bank starting operations in March 2011.