First, I would like to acknowledge the extreme hardship that many people in Aotearoa are experiencing at present as a result of the recent extreme weather events. Today I’ve been asked to talk about how our work at the Reserve Bank of New Zealand – Te Pūtea Matua can best contribute to the economic wellbeing and prosperity of the people of Aotearoa New Zealand.
Clearly, much remains to be done to stabilize communities hard-hit by the foreclosure crisis, but we are encouraged by the work of this partnership, now in its second year.