Acceptable level of unemployment
Brendon Mills made this Official Information request to Reserve Bank of New Zealand
The request was refused by Reserve Bank of New Zealand.
      From: Brendon Mills
      
    
    Dear Reserve Bank of New Zealand,
What level of unemployment are you willing to accept to ensure that inflation is kept low and has the long term impact that this has on communities (ie lack of spending power/disposable income) been considered.
Yours faithfully,
Brendon Mills
        From: RBNZ Info
        Reserve Bank of New Zealand
      
    
    
 Kia ora, 
  
Thank you for contacting the Reserve Bank of New Zealand - Te Pūtea
 Matua.  
Please note that this is an automatic reply to acknowledge that we have
 received your email. We aim to respond to you in 7-14 working days. In the
 meantime please read the below for our frequently asked questions. 
 
Upcoming Monetary Policy Announcements  
See all the Monetary Policy Announcement and Financial Stability Report
 dates for 2022/2023 [1]here.  
Money & Cash  
* [2]Returning old or damaged currency 
 * [3]The Future of Cash  
 * [4]Security and counterfeit detection 
 * [5]Using images of currency   
Banknote or coin suggestions   
If your email is offering suggestions related to banknote or coin designs
 then it will be kept for review as part of any future work in this area.  
Who we are and what we do  
We are kaitiaki (guardians) of New Zealand’s financial ecosystem, working
 to fulfil our purpose of Toitu te Ōhanga, Toitu te Oranga (enabling the
 prosperity and wellbeing of all New Zealanders). We deliver on our mandate
 by: 
* [6]Operating monetary policy to maintain low and stable inflation and
 contribute to maximum sustainable employment 
 * [7]Promoting a sound and efficient financial system 
 * [8]Meeting the public’s cash needs 
 * [9]Overseeing effective payments systems 
 
Statistics  
For any queries or clarifications on the [10]data and statistics we
 publish, please email [11][email address].  
 
Firms we regulate  
The Reserve Bank is the prudential regulator of banks, insurers, and
 non-bank deposit takers (NBDTs).  
* [12]List of registered banks in New Zealand 
 * [13]List of licensed insurers  
 * [14]Register of licensed NBDTs 
 
Complaints about banks, insurers, and NBDTs 
If you have a complaint, please deal directly with your bank or insurer in
 the first instance. You can also contact the [15]Banking Ombudsman,
 the [16]Insurance and Financial Services Ombudsman, or the [17]Financial
 Markets Authority. 
 
Looking for information about the strength of the financial system?  
Check out our [18]Bank Financial Strength Dashboard. You can also read our
 regular assessments of the economy and the financial system: 
* [19]Monetary Policy Statement 
 * [20]Financial Stability Report  
 
Please note that the Reserve Bank is not authorised to give legal or
 financial advice. Please contact a lawyer or a financial adviser
 instead.  
 
Kōrero – our speaking and engagement programme 
 
Reserve Bank staff meet and speak with a wide range of businesses,
 industry forums, community groups, schools and universities. These
 engagements are welcome opportunities to discuss topical issues and
 policies, hear people’s experiences and answer questions.  
 
Please check out the [21]Kōrero webpage for more information on the
 programme. To request a speaker, please email [22][email address].  
 
 
We’ll be in touch as soon as possible. 
 
 
Kind regards | Ngā mihi nui 
 
Reserve Bank of New Zealand – Te Pūtea Matua   
2 The Terrace, Wellington 6011. PO Box 2498, Wellington 6140       
T + 04 471 3660 
E [23][RBNZ request email]   W [24]rbnz.govt.nz 
References
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 23. mailto:[RBNZ request email]
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      From: Brendon Mills
      
    
    Dear Reserve Bank of New Zealand,
Can we please get an update on this. The public has a right to know whether you find throwing tens of thousands of people on the scrap heap, with no way to support themselves or their families other than a paltry benefit payment is acceptable.
Yours faithfully,
Brendon Mills
        From: RBNZ Info
        Reserve Bank of New Zealand
      
    
    Kia ora,  
Thank you for contacting the Reserve Bank of New Zealand - Te Pūtea
 Matua.   
Please note that this is an automatic reply to acknowledge that we have
 received your email. We aim to respond to you in 14-21 working days. In
 the meantime please read the below for our frequently asked questions. 
 
Upcoming Monetary Policy Announcements   
See all the Monetary Policy Announcement and Financial Stability Report
 dates for 2023/2024 [1]here. 
 
Money & Cash   
* [2]Returning old or damaged currency  
 * [3]The Future of Cash   
 * [4]Security and counterfeit detection  
 * [5]Using images of currency    
Banknote or coin suggestions   
 If your email is offering suggestions related to banknote or coin designs
 then it will be kept for review as part of any future work in this area.  
Who we are and what we do  
 We are kaitiaki (guardians) of New Zealand’s financial ecosystem, working
 to fulfil our purpose of Toitu te Ōhanga, Toitu te Oranga (enabling the
 prosperity and wellbeing of all New Zealanders). We deliver on our mandate
 by:  
o [6]Operating monetary policy to maintain low and stable inflation and
 contribute to maximum sustainable employment  
 o [7]Promoting a sound and efficient financial system  
 o [8]Meeting the public’s cash needs  
 o [9]Overseeing effective payments systems  
Statistics  
 For any queries or clarifications on the [10]data and statistics we
 publish, please email [11][email address].  
Firms we regulate  
 The Reserve Bank is the prudential regulator of banks, insurers, and
 non-bank deposit takers (NBDTs).   
o [12]List of registered banks in New Zealand  
 o [13]List of licensed insurers   
 o [14]Register of licensed NBDTs  
Complaints about banks, insurers, and NBDTs 
 If you have a complaint, please deal directly with your bank or insurer in
 the first instance. You can also contact the [15]Banking Ombudsman,
 the [16]Insurance and Financial Services Ombudsman, or the [17]Financial
 Markets Authority. 
Looking for information about the strength of the financial system?  
 Check out our [18]Bank Financial Strength Dashboard. You can also read our
 regular assessments of the economy and the financial system:  
o [19]Monetary Policy Statement  
 o [20]Financial Stability Report   
Please note that the Reserve Bank is not authorised to give legal or
 financial advice. Please contact a lawyer or a financial adviser
 instead.  
Kōrero – our speaking and engagement programme 
 Reserve Bank staff meet and speak with a wide range of businesses,
 industry forums, community groups, schools and universities. These
 engagements are welcome opportunities to discuss topical issues and
 policies, hear people’s experiences and answer questions.  
Please check out the [21]Kōrero webpage for more information on the
 programme. To request a speaker, please email [22][email address].  
 
We’ll be in touch as soon as possible. 
Kia ora,  
   
Thank you for contacting the Reserve Bank of New Zealand - Te Pūtea
 Matua.   
Please note that we are operating with a reduced team during the Christmas
 and New Year period. We will aim to respond to you as soon as possible in
 early 2023. In the meantime please read our frequently asked
 questions below.    
 
Upcoming Monetary Policy Announcements   
See all the Monetary Policy Announcement and Financial Stability Report
 dates for 2023/2024 [23]here. 
 
Money & Cash   
* [24]Returning old or damaged currency  
 * [25]The Future of Cash   
 * [26]Security and counterfeit detection  
 * [27]Using images of currency    
Banknote or coin suggestions   
 If your email is offering suggestions related to banknote or coin designs
 then it will be kept for review as part of any future work in this area.  
Who we are and what we do  
 We are kaitiaki (guardians) of New Zealand’s financial ecosystem, working
 to fulfil our purpose of Toitu te Ōhanga, Toitu te Oranga (enabling the
 prosperity and wellbeing of all New Zealanders). We deliver on our mandate
 by:  
o [28]Operating monetary policy to maintain low and stable inflation and
 contribute to maximum sustainable employment  
 o [29]Promoting a sound and efficient financial system  
 o [30]Meeting the public’s cash needs  
 o [31]Overseeing effective payments systems  
Statistics  
 For any queries or clarifications on the [32]data and statistics we
 publish, please email [33][email address].  
Firms we regulate  
 The Reserve Bank is the prudential regulator of banks, insurers, and
 non-bank deposit takers (NBDTs).   
o [34]List of registered banks in New Zealand  
 o [35]List of licensed insurers   
 o [36]Register of licensed NBDTs  
Complaints about banks, insurers, and NBDTs 
 If you have a complaint, please deal directly with your bank or insurer in
 the first instance. You can also contact the [37]Banking Ombudsman,
 the [38]Insurance and Financial Services Ombudsman, or the [39]Financial
 Markets Authority. 
Looking for information about the strength of the financial system?  
 Check out our [40]Bank Financial Strength Dashboard. You can also read our
 regular assessments of the economy and the financial system:  
o [41]Monetary Policy Statement  
 o [42]Financial Stability Report   
Please note that the Reserve Bank is not authorised to give legal or
 financial advice. Please contact a lawyer or a financial adviser
 instead.  
Kōrero – our speaking and engagement programme 
 Reserve Bank staff meet and speak with a wide range of businesses,
 industry forums, community groups, schools and universities. These
 engagements are welcome opportunities to discuss topical issues and
 policies, hear people’s experiences and answer questions.  
Please check out the [43]Kōrero webpage for more information on the
 programme. To request a speaker, please email [44][email address].  
 
We’ll be in touch as soon as possible. 
 
 
Kind regards | Ngā mihi nui 
  
Reserve Bank of New Zealand – Te Pūtea Matua  
2 The Terrace, Wellington 6011. PO Box 2498, Wellington 6140  
T + 04 471 3660  
E [45][RBNZ request email]   W [46]rbnz.govt.nz  
References
Visible links
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 23. https://www.rbnz.govt.nz/hub/news/2022/1...
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 42. https://aus01.safelinks.protection.outlo...
 43. https://aus01.safelinks.protection.outlo...
 44. mailto:[email address]
 45. mailto:[RBNZ request email]
 46. https://aus01.safelinks.protection.outlo...
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