RBNZ used a 'net benefits framework' in devising its bank capital proposals

Wed, 29 May 2019

By Jenny Ruth May 29 (BusinessDesk) - The Reserve Bank has used a “net benefits framework” in devising its bank capital proposals, governor Adrian Orr told parliament’s finance and expenditure select committee. National Party finance spokeswoman Amy Adams had been quizzing the RBNZ officials on why the central bank hadn’t conducted a cost benefit analysis of its proposals. “I’ve said on the record many times, but it doesn’t land on ears that want to hear it,” Orr said. “I’m getting tired of hearing the same thing over and over again an...

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