Reserve Bank of New Zealand (Economic Objective) Amendment Bill
Government bill
About this bill
This Bill amends the Reserve Bank of New Zealand Act 2021 to remove the maximum sustainable employment objective from the economic objectives in the Act, and provide the Reserve Bank with a single economic objective of achieving and maintaining price stability.
Voting method
Party voting: Parties decided whether or not to support this bill and cast votes on behalf of all their MPs.Procedural notes
- Urgency used: This bill was progressed through one or more stages using urgency. Urgency allows the Government to fast-track the legislative process by extending the sitting hours of the House of Representatives and skipping the select committee stage of a bill, and allows bills to pass through more than one stage per sitting day.
Learn more about urgency
Read the bill
Bill text: Reserve Bank of New Zealand (Economic Objective) Amendment Bill (legislation.govt.nz)Member responsible
Progress
Enacted
This Bill has been passed by Parliament, and signed into law by the Governor-General in a step called Royal Assent. This doesn't mean that everything the Act implements has come into force yet, but it does mean that the Act is on the statute books.
Votes
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 with the Parliament website over 1 year ago.
(28 December 2023 at 08:04 GMT+00:00)