11 Nov 2022

Business journalist critical of Reserve Bank

From Morning Report, 7:46 am on 11 November 2022

The Reserve Bank has given itself a glowing review in it's annual assessment, but some commentators say some deeper issues are missing from the report.

In a briefing yesterday, Te Pūtea Matua - the Reserve Bank - said its actions have protected the country from economic catastrophe.

Others say it's failed to acknowledge other harm done, and say the reappointment of Governor Adrian Orr is confirmation that the bank has burned through it's right to remain apolitical.

Business journalist Bernard Hickey spoke to Corin Dann.