Reserve Bank building in Wellington closes temporarily due to asbestos; bank’s operations unaffected as staff work from home
Contamination complicates refurbishment of maximum-security cash vaults. Source: NZ Herald Business News
Christopher Luxon calls for ‘mature’ conversation on asset recycling, as Chris Hipkins pledges to hold onto all state assets
The debate between political opponents was sparked by a new Treasury report. Source: NZ Herald Business News
Treasury pushes for asset sales as it rings alarm bells over state of Government’s finances
Agency says the Government could better manage its $571 billion portfolio of assets. Source: NZ Herald Business News
Former Reserve Bank Governor Adrian Orr threatens legal action against one of his fiercest critics, Michael Reddell
Central banking magazine and blogger remove allegedly defamatory article. Source: NZ Herald Business News
Labour commits to capital gains tax, but can’t say if interest expenses will be deductible
Labour won't commit to allowing interest write-offs under its capital gains tax policy. Source: NZ Herald Business News
Government halves pool of companies that need to make climate-related disclosures
Minister Scott Simpson says the present regime is too onerous. Source: NZ Herald Business News
Treasury advised Nicola Willis to remove the Reserve Bank Governor from the board to improve accountability
Documents reveal Treasury wanted the governor removed from the board. Source: NZ Herald Business News
Labour’s economic policy really about cornering National on asset sales – Jenée Tibshraeny
Can National shift the conversation from asset sales to asset recycling? Source: NZ Herald Business News
Reserve Bank: Money printing didn’t cause inflation to soar; $11 billion cost to the Crown was offset by benefits
Bank does cost-benefit analysis of controversial $55 billion Covid-era programme. Source: NZ Herald Business News
Master Builders, Certified Builders face possible regulation under building liability changes
Govt mulls requiring Master and Certified Builders to meet solvency standards. Source: NZ Herald Business News