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“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Good to see NBR telling Orr just to do his job .....and I’m not Shoeshine
We don’t need no rockstar Reserve Banker
https://www.nbr.co.nz/analysis/we-do...0554d-49461157
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Our vision and values
Our purpose, vision and values
The Reserve Bank's purpose is to promote a sound, efficient and dynamic monetary and financial system. It seeks to achieve its vision - of being the best small central bank - with values of:
Integrity: Being professional and exercising sound judgement.
Innovation: Actively improving what we do.
Inclusion: Working together for a more effective Bank.
The Bank aims to develop and implement highly effective and efficient monetary, regulatory and financial policies that are well suited for the New Zealand economy and financial system. It endeavours to ensure that: the Bank’s objectives and priorities are sound, clearly communicated and understood; its business operations are well managed; and it invests wisely in the recruitment, training, development and retention of its staff. The Bank also invests heavily in reviewing and testing its policy frameworks and policy settings in light of domestic and international experience, and ensures that its independence is balanced by appropriate public disclosure and accountability.
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Spot on, Jt!
Let's not jump to any conclusions about the new governor. I find his communication "openness" to be rather refreshing - no tweets though, thank you!
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Diversity and Inclusiveness thats our future.No need to be scared, embrace positive change and leave redundant RB habits behind. KEEP UP 
"I think we were lagging behind in some places," Orr says. "It's not just tikanga Māori, it's about accepting what future New Zealand looks like. It doesn't look like current New Zealand. It's going to be Polynesian, Asian, European, as opposed to European, Polynesian, Asian" and the bank has to grow with the change.
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 Originally Posted by Lego_Man
Maybe wishful thinking from the Euro-haters.
http://archive.stats.govt.nz/browse_...2013-2038.aspx
Stats NZ still has European NZ'ers as a comfortable majority of the population out to 2038 (and by inference beyond), so his characterisation is completely bogus. Possibly more worrisome for our treaty partners as they will be shortly overtaken as out largest minority.
It's going to be European, Asian, Polynesian before anything.
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We seem to be straying well away fom this forum's theme - Investment Strategies.
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Good speech by Orr ....good probably because I agree about short termism
https://rbnz.govt.nz/research-and-pu...eech2018-09-07
Orr sounds bored as a RBNZ Governor .....seems more interested in things other than monetary policy (and my opinion he’s not doing that well)
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Excellent read , thanks for the link w69.
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