Kōrero: Reserve Bank

Wages and inflation

Wages and inflation

This cartoon, published in 2000, playfully highlights Reserve Bank Governor Don Brash's inflation-control responsibilities. He is trying to iron a wage shirt still on the back of a worker using inflation control. Higher wages are an inflationary pressure and Brash wanted to keep wage growth moderated.

Te whakamahi i tēnei tūemi

Alexander Turnbull Library
Reference: DCDL-0009203
Cartoon by Malcolm Walker

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.

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

John Singleton, 'Reserve Bank - Central bank independence', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/cartoon/33462/wages-and-inflation (accessed 6 December 2022)

He kōrero nā John Singleton, i tāngia i te 20 Jun 2012