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Changing Reserve Bank mandate 'pointless' - Hipkins
Morning Report
English - December 12, 2023 19:10 - 6 minutes - 6.07 MB - ★★★★ - 11 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Sports News for 13 December 2023
The Labour Party says the government's moves to change the Reserve Bank's mandate is pointless, and a backwards step. The bill, being passed under urgency through all stages, is the first piece of legislation for the new government. It would remove the Reserve Bank's dual-mandate, meaning it would no longer be required to push for maximum sustainable employment levels across the country. The legislation passed through its second reading last night. Labour Party leader Chris Hipkins is with us now...