Dec 14, 2022 | News, Opinion, Reserve Bank
The Government and the Reserve Bank are letting banks off scot-free. The full cost of printing money for the Large Scale Asset Purchase Programme and the Funding for Lending Programme is now falling on taxpayers while banks make record profits. Support during Covid...
Mar 18, 2020 | Media Releases, News
While the Covid-19 stimulus package will provide a welcome boost to the economy, it comes at the cost of even more debt. Our Reserve Bank is expected to go to the bond market to buy Government bonds from banks and other institutions to finance the package when...
