Mr. Brash addresses the concern about New Zealand’s balance-of-payments deficit Address by the Governor of the Reserve Bank of New Zealand, Dr. Donald T. Brash, to the Canterbury Employers’ Chamber of Commerce in Christchurch on 30/1/98. Introduction I am delighted to be addressing you once again, on the last Friday of January.
What we do know is that other parts of the transmission mechanism appear to be working broadly in line with our expectations and that there are some tentative signs of a lift in investment intentions outside the resources sector.