The Hugo Group

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Reserve Bank of New Zealand (Economic Objective) Amendment Bill

Introduced on Dec 12. This Bill amends the Reserve Bank of New Zealand Act to remove the maximum sustainable employment objective from the economic objectives in the Act and provide the Reserve Bank with a single economic objective of achieving and maintaining price stability. Passed through all stages under Urgency supported by National, Act and NZ First.

Reserve Bank of New Zealand (Economic Objective) Amendment Bill