Story: Reserve Bank

Roger Douglas and Don Brash

Roger Douglas and Don Brash

Roger Douglas, minister of finance 1984–1988, was the principal architect of the Reserve Bank Act 1989. He wanted to stop governments from interfering with the bank as Robert Muldoon had done. Douglas is pictured with Don Brash, the governor of the Reserve Bank from 1988 to 2002, and basketball player Angelo Hill playing the board game Monopoly at the Reserve Bank in 1995. They were raising funds for family support service Barnardos.

Using this item

Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference: EP/1995/4225/30a
Photograph by Ray Pigney

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

John Singleton, 'Reserve Bank - Central bank independence', Te Ara - the Encyclopedia of New Zealand, (accessed 25 June 2024)

Story by John Singleton, published 20 Jun 2012