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"They've taken too long": A belief inquiry into Reserve Bank's Covid decisions should've been done earlier

Author
Newstalk ZB,
Publish Date
Thu, 12 Feb 2026, 7:57am
Photo / Mark Mitchell
Photo / Mark Mitchell

"They've taken too long": A belief inquiry into Reserve Bank's Covid decisions should've been done earlier

Author
Newstalk ZB,
Publish Date
Thu, 12 Feb 2026, 7:57am

A Government inquiry into the Reserve Bank's decisions through the Covid era could have come far sooner.   

The bank printed $55 billion worth of digital money, costing taxpayers more than $10 billion.  

The review's findings will be released just weeks before the election – a move that's cast speculation of an underlying political motive by the Finance Minister.  

Former Reserve Bank senior staffer Geof Mortlock told Mike Hosking the Government's taken too long to get on with it.

He says he's been advocating for it, including to Nicola Willis, for at least two years, so it's well overdue.

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