-press release
Tuesday 29th May 2007 |
Text too small? |
Bollard's term as Governor has been extended a further five years, expiring in September 2012.
"Alan has demonstrated his integrity and outstanding general management skills in performing his duties as Governor over the past five years so I am pleased to accept the Reserve Bank Board's recommendation to reappoint him for another five year term," said Cullen
The Minister and the Governor agreed that the current PTA continues to ensure transparency and provides an appropriate basis for accountability in the conduct of monetary policy.
"As Minister of Finance my priority is to maintain a disciplined fiscal policy approach to help the Governor achieve the inflation outcomes in the PTA."
Bollard said he was pleased to accept another term as Governor of the Reserve Bank.
Cullen and Bollard added that if their understanding of the
appropriate targets and mechanisms changed for the operation of monetary policy, which could arise from the select committee inquiry into monetary policy, then Cullen and Bollard could agree to amend the Policy Targets Agreement at that time.
No comments yet
September 3rd Morning Report
Devon Funds Morning Note - 2 September 2025
Devon Funds Morning Note - 1 September 2025
September 1st Morning Report
POT Financial Results for the year to 30 June 2025
MOVE FY25 Results for the year ended 30 June 2025
BPG - Completion of Retail Offer
Comvita releases results for the year ended 30 June 2025
August 29th Morning Report
Air New Zealand announces 2025 financial result