Confine FPAs only to vulnerable sectors, says a legal expert.
Geof Mortlock's letter was addressed to both finance minister Grant Robertson and RBNZ chair Neil Quigley.
The "race to the bottom" may not be a myth, but are FPAs the solution?
Geof Mortlock stressed he doesn’t have a problem with ministers and politicians grappling with issues of Māori economic and social welfare but said such issues are not within the RBNZ’s mandate.
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