RBNZ says salary reports 'rubbish'

The Reserve Bank of New Zealand on Thursday 5 October rejected as "rubbish" news reports claiming that Reserve Bank staff remuneration rose 15.4 percent on average per employee.

"The analysis is just plain wrong," Reserve Bank Governor Alan Bollard said.

"It is a simplistic analysis. It takes no account of the fact that, like most organisations, the Bank's staff change over a year. Staff leave and new staff replace them, often at different salaries depending on their experience and skills an

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: