Peter Nicholl was the Reserve Bank’s chief economist back when I joined the Bank and later oversaw (from the Bank’s side) the entire overhaul of the Reserve Bank Act in the late 1980s that culminated in the model that governed the Bank for decades (and more recent changes are mostly in the nature of refinements). … Continue reading A former Deputy Governor on the RB shambles| croaking cassandra
It isn’t impossible that you, readers, are getting tired of the still-unfolding Orr/Quigley/Willis saga. You wouldn’t be alone in that. I have many more intrinsically interesting things to do (spent yesterday writing a review of new academic history of US banking supervision from 1798 to 1980, and am reading a history of little-known sovereign borrowing … Continue reading Another snippet| croaking cassandra
I had an OIA response yesterday from the Reserve Bank. There is more obstructionism, so a letter will be going off to the Ombudsman this morning, but there was also some interesting information released. A while ago the Bank’s Board started publishing proactively minutes (carefully crafted ones) of its meetings. It seemed like (and was) … Continue reading One more bit in the timeline| croaking cassandra