RBNZ sheds staff but takes on costly premises lease
ANALYSIS: Moves a striking reminder of how easily purpose and stewardship can fall out of sync.
The Wellington RBNZ office.
The core duty of any public institution is to carry out its mandate effectively while demonstrating that it can be trusted to spend taxpayer money with discipline.
When that discipline falters, confidence erodes quickly. The Reserve Bank of New Zealand’s (RBNZ) decision to commit to a 10-year
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