Friday, 11 December 2020, 11:02 am The Finance and Expenditure Committee is calling for submissions on the Reserve Bank of New Zealand Bill. Changes to the Reserve Bank of New Zealand Act 1989 will occur across two pieces of legislation. The Reserve Bank of New Zealand Bill follows the Reserve Bank of New Zealand (Monetary Policy) Amendment Act 2018. Both pieces of legislation have come out of the Government’s review into the 1989 Act. The purpose of the Reserve Bank of New Zealand Bill is to amend the Bank’s governance, accountability and transparency, and funding arrangements. Among other amendments, the bill introduces a new objective for the Reserve Bank of protecting and