Property Institute of New Zealand has called for a review of Reserve Bank targets, following governor Wheeler’s announcement yesterday that he wouldn’t be seeking a second term
The governor's tenure has been marked by a battle to revive inflation even as New Zealand’s economy outperformed its developed peers and the housing market boomed
Reserve Bank governor Graeme Wheeler will make an announcement “fairly soon” on his future in the role
New Zealand inflation has risen back into the central bank’s target band for the first time in more than two years
"New Zealanders are starting to turn their minds to the future"
The regulator says the advice had "the potential for significant harm"
Its three year rate is now the best on the market