Jenee Tibshraeny's guest appearances

Jenee Tibshraeny

Heather du Plessis-Allan Drive

NZ Everyday Investor

Covid Watch

Best of Business

Tony Alexander

Jarrod Kerr

Elon Musk

Natalie Ferguson

David Seymour

James Fuller

Martin Hawes

Sam Stubbs

Sharon Zollner

Greg Harford

Jon Duffy

Paul Brislen

Chris Whelan

Megan Woods

Tim Aldridge

OwlTail

The reserve bank (or RBNZ) does a lot of things, but simplistically, they make the money, they control the cost of it, and they play an important role as a regulator in NZ financial system. Some of the stuff the RBNZ does crosses over with what our government does also – you may be wondering then, why are the two even separate? Well, given it’s that time of year when some head to church to celebrate the origin of Christmas story – let’s talk about the separation of church and state. The idea that there should be a wall of separation between church and state was an idea originally based on phrase first coined by Thomas Jefferson – Some believe it’s to protect the state from the church but some think it’s actually the other way around. I’m not going to pretend like I’m a great historian here, but I wonder if some of reasons why Jefferson pushed for this wall was to ensure the proper functioning of each entity without setting lose some unhelpful agendas. There’s another wall that exists between the government and the reserve bank too. Is it a wall that’s designed to protect one side from the other? or is there to protect us, the everyday people? Well, what do we need protecting from you ask? Helping maintain financial stability in NZ demands decisions get made that aren’t always popular, like keeping interest rates low, which yes, forces house prices higher and creates greater inequality as a side effect.  Politicians like to feed our fear, then solve our problems, because that keeps them in power – central bankers on the other hand simply have a job to do, and they get on with doing it, even when we may not like the side-effects. Based on current events – as awkward as it appears, the two may be lowering the wall though just enough to communicate and collaborate – is this the point of no return I wonder. Some would suggest we potentially have enough government already, and more involvement in monetary policy would be frightening / Some might say the damage being done in terms of rising inequality, needs to be dealt with.  Either way, the NZ’s central bank could become a central focus in 2021 Jenée Tibshraeny is financial journalist for interest.co.nz and is an acclaimed reporter who covers the interaction between government and economics. I have her on the show today because I have some questions about the Reserve Bank. _________________________________________________________________ The NZ Everyday Investor is brought to you in partnership with Hatch. Hatch, let's you become a shareholder in the world's biggest companies and funds. We're talking about Apple and Zoom, Vanguard and Blackrock. So, if you're listening in right now and have thought about investing in the US share markets, well, Hatch has given us a special offer just for you... they'll give you a $20 NZD top-up when you make an initial deposit into your Hatch account of $100NZD or more.  Just go to https://hatch.as/NZEverydayInvestor to grab your top up.  __________________________________________________________________ The NZ Everyday Investor would also like to acknowledge the support of kōura. Most people fixate on just fees or historical returns when trying to choose a KiwiSaver fund. But professionals know there’s the third, arguably more essential  component to consider - asset allocation. kōura's digital advice tools will build you a KiwiSaver portfolio that has the perfect asset allocation just for you.  Of course you could also just choose your own KiwiSaver portfolio with them too.  Give them a try and see what your ideal KiwiSaver asset allocation looks like for you. __________________________________________________________________ Like what you’ve heard? You can really help with the success of the NZ Everyday Investor by doing the following: 1- Tell your friends! 2- Write a review on Facebook, or your favourite podcast player 3- Help support the mission of our show on Patreon by contributing here 4- To catch the live episodes, please ensure you have subscribed to us on Youtube:  5- Sign up to our newsletter here NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person! Please ensure that you act independently from any of the content provided in these episodes - it should not be considered personalised financial advice for you. This means, you should either do your own research taking on board a broad range of opinions, or ideally, consult and engage an authorised financial adviser to provide guidance around your specific goals and objectives. _____________________________________________________________________________

The reserve bank (or RBNZ) does a lot of things, but simplistically, they make the money, they control the cost of it, and they play an important role as a regulator in NZ financial system. Some of the stuff the RBNZ does crosses over with what our government does also – you may be wondering then, why are the two even separate? Well, given it’s that time of year when some head to church to celebrate the origin of Christmas story – let’s talk about the separation of church and state. The idea that there should be a wall of separation between church and state was an idea originally based on phrase first coined by Thomas Jefferson – Some believe it’s to protect the state from the church but some think it’s actually the other way around. I’m not going to pretend like I’m a great historian here, but I wonder if some of reasons why Jefferson pushed for this wall was to ensure the proper functioning of each entity without setting lose some unhelpful agendas. There’s another wall that exists between the government and the reserve bank too. Is it a wall that’s designed to protect one side from the other? or is there to protect us, the everyday people? Well, what do we need protecting from you ask? Helping maintain financial stability in NZ demands decisions get made that aren’t always popular, like keeping interest rates low, which yes, forces house prices higher and creates greater inequality as a side effect.  Politicians like to feed our fear, then solve our problems, because that keeps them in power – central bankers on the other hand simply have a job to do, and they get on with doing it, even when we may not like the side-effects. Based on current events – as awkward as it appears, the two may be lowering the wall though just enough to communicate and collaborate – is this the point of no return I wonder. Some would suggest we potentially have enough government already, and more involvement in monetary policy would be frightening / Some might say the damage being done in terms of rising inequality, needs to be dealt with.  Either way, the NZ’s central bank could become a central focus in 2021 Jenée Tibshraeny is financial journalist for <a href="http://interest.co.nz" rel="nofollow" target="_blank">interest.co.nz</a> and is an acclaimed reporter who covers the interaction between government and economics. I have her on the show today because I have some questions about the Reserve Bank. _________________________________________________________________ The NZ Everyday Investor is brought to you in partnership with <a href="https://hatch.as/NZEverydayInvestor" rel="nofollow" target="_blank">Hatch</a>. <a href="https://hatch.as/NZEverydayInvestor" rel="nofollow" target="_blank">Hatch</a>, let's you become a shareholder in the world's biggest companies and funds. We're talking about Apple and Zoom, Vanguard and Blackrock. So, if you're listening in right now and have thought about investing in the US share markets, well, <a href="https://hatch.as/NZEverydayInvestor" rel="nofollow" target="_blank">Hatch </a>has given us a special offer just for you... they'll give you a $20 NZD top-up when you make an initial deposit into your <a href="https://hatch.as/NZEverydayInvestor" rel="nofollow" target="_blank">Hatch </a>account of $100NZD or more.  Just go to <a href="https://hatch.as/NZEverydayInvestor" rel="nofollow" target="_blank">https://hatch.as/NZEverydayInvestor</a> to grab your top up.  __________________________________________________________________ The NZ Everyday Investor would also like to acknowledge the support of <a href="https://www.kourawealth.co.nz/" rel="nofollow" target="_blank">kōura</a>. Most people fixate on just fees or historical returns when trying to choose a KiwiSaver fund. But professionals know there’s the third, arguably more essential  component to consider - asset allocation. kōura's digital advice tools will build you a KiwiSaver portfolio that has the perfect asset allocation just for you.  Of course you could also just choose your own KiwiSaver portfolio with them too.  <a href="https://www.kourawealth.co.nz/" rel="nofollow" target="_blank">Give them a try</a> and see what your ideal KiwiSaver asset allocation looks like for you. __________________________________________________________________ Like what you’ve heard? You can really help with the success of the NZ Everyday Investor by doing the following: 1- Tell your friends! 2- Write a review on <a href="https://www.facebook.com/TheNZEverydayInvestor/" rel="nofollow" target="_blank">Facebook</a>, or your favourite podcast player 3- Help support the mission of our show on <a href="https://www.patreon.com/Nzeverydayinvestorpodcast" rel="nofollow" target="_blank">Patreon by contributing here</a> 4- To catch the live episodes, please ensure <a href="https://ungaro.co.nz/nzeverydayinvestor/" rel="nofollow" target="_blank">you have subscribed to us on Youtube</a>:  5- <a href="https://ungaro.co.nz/nzeverydayinvestor/" rel="nofollow" target="_blank">Sign up to our newsletter here</a> NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person! Please ensure that you act independently from any of the content provided in these episodes - it should not be considered personalised financial advice for you. This means, you should either do your own research taking on board a broad range of opinions, or ideally, consult and engage an authorised financial adviser to provide guidance around your specific goals and objectives. _____________________________________________________________________________

Separation of Central Bank and State? Jenee Tibshraeny