The Reserve Bank's shrinking chance to save itself

The Reserve Bank's shrinking chance to save itself
Shamubeel Eaqub
This article has been republished. It was first published in November 2020.A politely worded letter from the Finance Minister this week put the ball firmly in the Reserve Bank’s court to rewrite its mandate or face political intervention.The RBNZ governor, Adrian Orr, did not take up the offer. He has chosen, at least for now, to ignore the fact that Grant Robertson is beginning to set out a significant and much-needed change to the role of the central bank in the economy. Whether now or in the future, the RBNZ’s role will...

More Finance

Willis calls for select committee inquiry into banking
Finance

Willis calls for select committee inquiry into banking

She wants the Finance and Expenditure and Primary Production Committees to join forces.

Rebecca Howard 12 Jun 2024
Super spin and the greenwash cycle
Finance

David Chaplin: Super spin and the greenwash cycle

Aussie ruling could have implications for NZ markets. 

David Chaplin 12 Jun 2024
FMA seeking consultation on changes to DI licences
Finance

FMA seeking consultation on changes to DI licences

The FMA is seeking consultation on changes to the Derivative Issuer licenses

Staff reporters 11 Jun 2024
ComCom files criminal charges against Kiwibank
Finance

ComCom files criminal charges against Kiwibank

Banks must invest to get their systems right, says ComCom. 

Staff reporters 11 Jun 2024