
The fiscally laxative Reserve Bank
The NZ Herald reports: According to a Cabinet paper released by Willis, the bank’s operational spending shot up from $158m in 2023/24 to $200m in 2024/25 – an astonishing increase of $42m, a sum of money that as recently as 2019 would have equated to more than 80% of the bank’s entire annual funding. NZ […]
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