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Media Release: Proposed changes to Reserve Bank governance will provide much-needed improvements in accountability and performance

Cabinet’s decisions announced today by Finance Minister Grant Robertson to reform the governance and accountability arrangements of the Reserve Bank are commendable. Key among the decisions is establishing a governance board that will be responsible for all functions of the Reserve Bank, except those undertaken by the Monetary Policy Committee. Read more

Media Release
19 December, 2019
Building house3

Councils to have less reason to say ‘no’ to new housing

Last week, Labour finally began delivering on its urban growth agenda. Housing affordability was one of the two main themes of the 2017 election. Restrictions preventing cities from either growing up or growing out made for serious problems when population growth increased demand for housing. Getting the infrastructure in place to allow for urban growth is absolutely vital. Read more

Dr Eric Crampton
Newsroom
16 December, 2019
Euro Central bank

The greening of the ECB

When Christine Lagarde became president of the European Central Bank in November, she inherited a challenging legacy from her predecessor Mario Draghi. The ECB’s key people are openly divided on the future direction of monetary policy. Markets are expecting interest rates to stay ultra-low for decades, and parts of the continent’s banking system remain fragile. Read more

Dr Oliver Hartwich
Newsroom
9 December, 2019

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