Ref #7482042 v2.2  14  across the country, and we regularly assess the available labour market data and are committed to discussing labour market developments. So my current sense is that, to a large extent, the changes are a way of ensuring that the flexibility in our approach endures.
The exact wording of the full employment objective in the Act is yet to be determined. However, the PTA that Adrian Orr signed a few weeks ago on March 26th reflected the upcoming changes to the Act, and does not provide the Bank with a numerical target for full employment as it has with price stability.