Managing financial crises As with any supervisory authority and central bank, the Reserve Bank of New Zealand attaches great importance to the ongoing preparedness to respond to a financial crisis.
And this has to do with strengthening institutions, with restoring their credibility, and above all with conferring them more transparency. We must also work, obviously according to fiscal needs, to lift a tax that today is clearly distortive, namely, the tax on bank debits and credits. The blue line shows the 0.2% yield of time deposits.