The Reserve Bank of New Zealand is developing and maintaining the ability to deal with troubled banks in a way that is fiscally responsible, and that causes minimal disruption to real activity. We are also actively engaging with our trans-Tasman counterparts, and are optimistic about the opportunities the trans-Tasman Council and further harmonisation might offer. 6  BIS Review 20/2005
Over the last years, it has supported the immediate needs of the most vulnerable – badly hit by Covid-19, and the energy and food crises – while maintaining focus on long-term development goals. Now it must further integrate global challenges – like climate change, pandemics, fragility, and conflict – into its core development agenda to eradicate extreme poverty.