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Episode 34: House prices and tax cuts - former Reserve Bank Deputy Governor talks monetary policies

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Most of us would have noticed that the price of everything has gone up. Interest rates, mortgages and inflation are making headlines daily. The Reserve Bank has been in the spotlight for much of this, with opposition MPs and some commentators blaming the central bank for some of the issues we've seen, and a recent monetary policy review on their policies under Covid has added to that criticism. 

To discuss this, Thomas is joined by NZ Herald Wellington business editor Jenee Tibshraeny to talk to former Deputy Reserve Bank Governor, Grant Spencer, to get his perspective on what the Reserve Bank got wrong during the pandemic, what a central bank should stand for, and if parties should be discussing tax cuts. 

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On the Tiles

Each Friday, NZ Herald Deputy Political Editor Thomas Coughlan covers off the biggest political news 
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