Media release: Climate of fear: How the Reserve Bank is overstepping its mandate
Wellington (Tuesday, 9 November 2021) The Reserve Bank of New Zealand (RBNZ) has no legal or democratic mandate for climate change, says a new report from think tank The New Zealand Initiative. Climate of fear: How the Reserve Bank is overstepping its mandate documents serious breaches of the RBNZ's responsibilities as regulator of the financial system, including one instance of misconduct. Read more