Climate of fear: How the Reserve Bank is overstepping its mandate

Matt Burgess joins Oliver Hartwich to discuss his latest research note, Climate of fear: How the Reserve Bank is overstepping its mandate. Matt’s research documents serious breaches of the RBNZ's responsibilities as regulator of the financial system, including one instance of misconduct. The Reserve Bank has no legal or democratic mandate for climate change. It should not be threatening regulated industries with repercussions if they do not follow its political agenda.