Thomas Coughlan: NZ Herald political editor on Nicola Willis reducing the Reserve Bank's funding
Heather du Plessis-Allan Drive · Newstalk ZB
April 16, 20255m 7s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The Finance Minister has unveiled a major reduction to the Central Bank's planned spending.
The Government and the Reserve Bank have agreed to reduce operating expenses by a quarter in the coming year.
They've signed a five-year funding agreement, allowing $750 million of operating expenses, well below the $1 billion the Bank was asking for.
NZ Herald political editor Thomas Coughlan unpacks the announcement further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Topics
businessmoneyeconomyReserve Bank