New Zealand First Leader Rt Hon Winston Peters’ Reserve Bank bill was again drawn from the Members’ Bill Ballot today.
NZ Dollar
New Zealand First says comments by Reserve Bank Governor Graham Wheeler today vindicate the party’s calls for the bank to have greater ability to intervene over the high dollar.
New Zealand First says predictions by analysts that the Kiwi dollar will peak at around US87 cents is a forecast for severe pain for farming communities and exporters.
Sometimes you are stopped in your tracks and left momentarily speechless by things you hear or read.
New Zealand First says Prime Minister John Key is living in Lala Land if he believes that the popularity of the NZ dollar with currency speculators is proof of our economy doing well.
New Zealand First knows it. Manufacturers and exporters know it. And today the Reserve Bank confirmed it – our seriously overvalued dollar is damaging the economy.
New Zealand First says the Reserve Bank’s new Policy Targets Agreement commits New Zealand’s economy to failure by not addressing its biggest problem – our seriously overvalued dollar.
The Reserve Bank Act are four words that that would in a perfect world struggle to make headlines. The media would argue that the subject is not ‘sexy enough’ for its audience.
New Zealand First says its Private Members Bill to change Reserve Bank rules would provide big benefits to exporters like Fonterra who today announced a $500 million cut to its payout for this dair