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What could the proposed changes to the Reserve Bank mean in practice?

Author
Newstalk ZB,
Publish Date
Tue, 28 Nov 2023, 7:56pm
Adrian Orr. (Photo / File)
Adrian Orr. (Photo / File)

What could the proposed changes to the Reserve Bank mean in practice?

Author
Newstalk ZB,
Publish Date
Tue, 28 Nov 2023, 7:56pm

As part of the coalition agreement, the Government revealed some new changes for the Reserve Bank.

Its dual mandate will be ditched- and focus will return to keeping inflation between one and three percent.

HSBC chief economist Paul Bloxham says reduced priorities means the Reserve Bank will only have one clear goal to meet.

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