Reserve Bank of New Zealand Bill

Government bill

28 July 2020

This bill provides for the objectives and functions of the Reserve Bank and its governance, accountability, transparency, and funding arrangements. This bill also increases coordination between public agencies responsible for the financial system and creates a new framework to better manage the use of New Zealand's foreign exchange reserves.

Voting method

Party voting: Parties decided whether or not to support this bill and cast votes on behalf of all their MPs.

  • Introduced on 28 July 2020
  • 1st reading on 8 December 2020
  • 2nd reading on 23 June 2021
  • 3rd reading on 10 August 2021
  • Royal assent on 16 August 2021

Member responsible

Grant Robertson

Grant Robertson

Former Labour Party List MP

Votes

1st reading

Passed

8 December 2020

party vote

84Aye
35No
0Abstain
0Absent

2nd reading

Passed

23 June 2021

party vote

75Aye
45No
0Abstain
0Absent

3rd reading

Passed

10 August 2021

party vote

75Aye
45No
0Abstain
0Absent

Only reading votes are shown here; these votes determine whether the Bill progresses through Parliament. Other votes, such as votes on whether to amend parts of the Bill, can be seen in Hansard.

Bill details last synced on 23 March 2023 at 12:00 am.