Interest rates

Regarding Rob Paterson's letter (NZ Herald, May 22), the responsibility of the Reserve Bank to set interest rates has been devolved from one person, the Governor, to a committee. Whether the concept of a committee decision is better than an individual's is a moot point but no one has questioned the calibre of the people who have been appointed. I am sure they have taken their decision after due consideration of all the facts, including the interests of savers and risk-averse investors.
These investors should rest assured the purchasing power of their investments is more likely to be preserved

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SuperGold upgrade

Marine parks

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