I watched the Q&A interview yesterday with the Leader of the Opposition Chris Luxon. Monetary policy and the position of the Reserve Bank Governor came up.
It is really quite disappointing that the Minister of Finance, presumably with the acquiescence of the Prime Minister, has so politicised the situation that a Leader of the Opposition can reasonably be asked what he would expect (eg possible resignation) of the Reserve Bank Governor after the election if National wins. If he is at all serious about his answer – appoint an independent reviewer as soon as they take office and only decide after that – it is a recipe for considerable, unwelcome, market uncertainty, and further reputational risk for New Zealand and its system of economic governance.
We really should have appointees to such positions that both sides of politics can respect and trust. That has always been implicit in the model…
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Utopia, you are standing in it! 
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