Rt Hon Winston Peters has appealed to all Members of Parliament to put aside their politics and vote to send his private members Reserve Bank Amendment Bill to a select committee for further consideration.
New Zealand First Leader Rt Hon Winston Peters’ Reserve Bank bill was again drawn from the Members’ Bill Ballot today.
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. Prime Minster John Key’s comments this week about our seriously overvalued dollar are a case in point.
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.