National Endorses Key Findings Of Monetary Policy Review

National's Finance spokesman Bill English has today endorsed the Government's response to the key recommendations of the Independent Review of the Operation of Monetary Policy conducted by Professor Lars Svensson.

"National was consulted extensively about this review and we fully endorse the view that the Governor of the Reserve Bank should remain as the sole decision maker, and that the inflation target should remain unchanged," Mr English said today.

"We are awaiting further details on how the Reserve Bank might best incorporate external advice, and look forward to playing an active role in any discussion of this issue," Mr English said.

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Gordon Campbell: On the Sony cyber attack

Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.

Yet now with (a) President Barack Obama weighing in on the side of artistic freedom and calling for the US to make a ‘proportionate response’quickly followed by (b) North Korea’s entire Internet service going down, and with both these events being followed by (c) Sony deciding to backtrack and release The Interview film that had made it a target for the dastardly North Koreans in the first place, then ay caramba…the whole world will now be watching how this affair pans out. More>>