Finance
RBNZ’s Orr suggests rampant inflation not his fault
To have kept inflation within target, the RBNZ would have needed to predict Russia’s invasion of Ukraine two years in advance.
Finance
Jenny Ruth: RBNZ uses spurious argument for involvement in climate change
While banks offer mortgage terms of up to 30 years, these are purely nominal terms; about half of all mortgages last less than three years.
Finance
Jenny Ruth: Treasury plays funny buggers over Kiwibank’s $2.1b price
Treasury claimed there was no valuation backing the sale price of a large government asset. Yeah, right.
Finance
Jenny Ruth: Reserve Bank stress test shows more bank capital is unneccesary
The costs of the additional capital the banks must hold could result in higher interest rates and lower economic growth.
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