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Reserve Bank must go further on capital rules: English
Summary by farmersweekly.co.nz
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Reserve Bank must go further on capital rules: English
Reading Time: 2 minutes A former prime minister says the recent backdown by the Reserve Bank on bank capital rules doesn’t go far enough to unleash the full potential of the primary sector. Bill English told Farmers Weekly that ready access to credit is a key ingredient for the success of the country’s primary industries – and he is concerned they could be being held back by banking overregulation. “NZ has fallen to the back of the pack on our …
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