• AutoTL;DRB
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    67 months ago

    This is the best summary I could come up with:


    WELLINGTON, Nov 29 (Reuters) - New Zealand’s central bank chief defended its use of the Maori language in official communications on Wednesday, as the country’s new centre-right government looks to roll back the use of the Indigenous language in the public sector.

    Luxon said on Wednesday said the government would introduce legislation to reform the RBNZ’s mandate and lift a ban on the sale of cigarettes to future generations within its first 100 days.

    Over the past few years, the RBNZ has undergone an overhaul that puts the country’s Maori heritage and language at the centre of its operations.

    The makeover, driven by Orr, has resulted in some bold changes not only to its corporate branding but also its approach to policy and communication.

    The government has not released specific details on the policies and it is unclear whether they would directly impact the central bank.

    The RBNZ is independent but is issued with a remit by the finance minister that specifies matters that the government wants the bank to focus on, such as financial stability and prudential regulation.


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