New Zealand's labour market continues to squeeze tighter, based on the latest Stats New Zealand quarterly figures. Wages rose at an annual rate of 3.4 percent, the highest seen in 14 years while unemployment remains very low - though it has risen marginally, to 3.3 percent. Read more

Wellington (Thursday, 28 July 2022): In response to criticism of the Reserve Bank’s performance over the past four years, the Prime Minister and the Minister of Finance have accused critics of applying ‘hindsight economics’. Nothing could be further from the truth. Read more

The Platform's Sean Plunket interviewed Bryce Wilkinson on his latest report How central bank mistakes after 2019 led to inflation. To read the report click here. Read more

Central banks globally have made serious monetary policy mistakes, and to restore credibility, they must acknowledge and correct those mistakes. Oliver Hartwich interviews co-authors Graeme Wheeler and Bryce Wilkinson about their new policy paper How central bank mistakes after 2019 led to inflation. Read more

The New Zealand Initiative has denounced the Reserve Bank, and other central banks for making what it says are serious mistakes which led to inflation getting out of control. The paper, released this morning, says central banks were too confident in their abilities, their policies, and their assumptions, and forgot what their core jobs were. Read more

Claims the outbreak of inflation in many economies is due to mistakes made by central banks. It comes in the form of a new paper, co-authored by former governor of the Reserve Bank of New Zealand Graeme Wheeler, and the New Zealand Initiative's Dr. Bryce Wilkinson. Read more

It’s not so much Russia or COVID that caused inflation but central banks and the extraordinary stimulus they helped create. That’s according to a former Reserve Bank Governor who’s co-authored an excoriating review of the role Central Banks played in our current inflationary crisis. Read more

The Platform's Rodney Hide interviewed Bryce Wilkinson on monetary policy and his latest report How central bank mistakes after 2019 led to inflation. To read the report click here. Read more