Reserve Bank remit in the sights of new government

Reserve Bank remit in the sights of new government
Incoming finance minister Nicola Willis gets the BusinessNZ tick. (Image: Getty)
Rebecca Howard
The new government will put the Reserve Bank of New Zealand's remit under the microscope and may go further than expected.National was clear about its plans to remove the central bank’s dual mandate in its 100-day action plan to have it focus only on inflation. The National-Act coalition agreement, however, goes even further.  According to the agreement, the National party agrees to progress Act party priorities this term as set out in its policy programme.Take adviceUnder that policy programme, the government will look to &...

More Politics

Changes to work visa rules spark hope and concern
Policy

Changes to work visa rules spark hope and concern

Market wage requirement replaces median wage rule but will it be properly enforced?

Jem Traylen 15 Jan 2025
Future of apprenticeships kicked down the road again
Property

Future of apprenticeships kicked down the road again

Industries will be presented with two options this month, the skills minister says.

Maria Slade 14 Jan 2025
Luxon off to UAE for signing of trade deal
Policy

Luxon off to UAE for signing of trade deal

The PM will also be promoting NZ at Abu Dhabi's Sustainability Week.

Jem Traylen 12 Jan 2025
Democrats cite Samoan tragedy in bid to stop RFK
Politics

Democrats cite Samoan tragedy in bid to stop RFK

Measles killed dozens after Apia meeting with anti-vax activists.