Economic commentary & insight

The latest financial news and commentary from BNZ.

Weekly Overview

Thursday 2 February 2012

New Reserve Bank Governor

This week two term RB Governor Dr Alan Bollard announced that he will not seek a third term and will finish as Governor come late-September. Various names have been thrown around as potential candidates for the job but it would be surprising in light of the international search for a head of Treasury if the government did not also extent its search outside New Zealand to tap potential expertise elsewhere. So speculating on a replacement and how they may approach the job is all just shooting the breeze at this stage.