11237 (2026). Hon Barbara Edmonds to the Minister of Finance

Written Question

Published date: 09 Apr 2026

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	11237 (2026)
Question asked:	22 Mar 2026
Member asking:	Hon Barbara Edmonds
Portfolio:	Minister of Finance
Minister replying:	Hon Nicola Willis
Answer received:	06 Apr 2026
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_11237_2026
Document guid:	b601d936-f34f-4c42-91ba-2579f35a504b

11237 (2026). Hon Barbara Edmonds to the Minister of Finance: What evidence, if any, has she received on whether the Reserve Bank dual mandate contributed to the Reserve Bank holding the Official Cash Rate lower for longer during 2020–2021?

Hon Nicola Willis: Information I have received from the Treasury and Reserve Bank regarding the dual mandate is publicly available at https://www.treasury.govt.nz/publications/information-release/reserve-bank-dual-mandate, https://www.treasury.govt.nz/publications/risa/regulatory-impact-statement-removing-dual-mandate-reserve-bank-new-zealand-act-2021 and https://www.rbnz.govt.nz/hub/publications/bulletin/2025/post-covid-19-inflation-and-monetary-tightening.