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3 Mar 2026 12:17
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      Home > News > Politics

    The Reserve Bank's remit may be expanded - as Labour considers a policy change

    The Reserve Bank's remit may be expanded - as Labour considers a policy change


    The coalition removed the bank's focus on maximum sustainable employment in 2023 - so its sole priority would be on its response to inflation.

    Labour's finance spokesperson Barbara Edmonds says there are strong reasons to bring back the central bank's dual mandate - so it also looks at jobs.

    She says it was there for a reason, and aligns with other countries.

    © 2026 Newstalk ZB, NZCity

     Other Politics News
     03 Mar: Another police watchdog report finds Jevon McSkimming breached policy - inviting the woman he was having an affair with to join him in taxpayer-funded accommodation
     03 Mar: Holes are being poked in an economic report claiming 383-million dollars would be generated for the economy from sand mining at Northland's Bream Bay
     02 Mar: The conflict in the Middle East has seen oil prices jump - and could mean higher costs at the pump
     02 Mar: Foodstuffs is again trying to bring its North and South Island operations under one roof - after failing two years ago
     02 Mar: Job numbers are rising again - but are still down on a year ago
     02 Mar: A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position
     02 Mar: Hopes thousands of rural workers will take advantage of new KiwiSaver changes
     Top Stories

    RUGBY RUGBY
    Crusaders prop Tamaiti Williams will miss three rounds of Super Rugby Pacific after what was deemed a reckless or dangerous ruck clean out during Saturday's win over the Chiefs More...

    BUSINESS BUSINESS
    A five-year gap between the opening of Dunedin Hospital's outpatient building and its inpatient building - could cause major staffing and operational problems More...


     Today's News

    		 Politics:
    Another police watchdog report finds Jevon McSkimming breached policy - inviting the woman he was having an affair with to join him in taxpayer-funded accommodation 12:07

     Rugby:
    Crusaders prop Tamaiti Williams will miss three rounds of Super Rugby Pacific after what was deemed a reckless or dangerous ruck clean out during Saturday's win over the Chiefs 12:07

     Entertainment:
    Lamar Odom feels "amazing" following a month in rehab 12:05

     Business:
    A five-year gap between the opening of Dunedin Hospital's outpatient building and its inpatient building - could cause major staffing and operational problems 11:57

     Basketball:
    Seven-time ANBL basketball MVP Andrew Gaze expects high demand for the Breakers coaching role 11:47

     Entertainment:
    Christina Applegate was abused when she was just five years old 11:35

     International:
    Trump lists four goals in Iran as Middle East war widens 11:17

     Rugby:
    A career move for All Blacks head of performance Nic Gill 11:07

     Motoring:
    A Coroner's recommended NZTA replace old median barriers - after a crash killed three seasonal workers in Auckland in 2024 11:07

     Entertainment:
    Mary Cosby believes her son is "at peace" following his death 11:05

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