Evans, Malcolm Paul, 1945-:Reserve Bank governor moves to restore confiden…

Images, Alexander Turnbull Library

Governor of the Reserve Bank Allan Bollard holds a spade over his shoulder and a roll of toilet paper in his hand. Text reads 'Reserve Bank governor moves to restore confidence after the quake -' and Bollard says '..past the silver beet, left at the last of the beans and it's right by the caulis!' The little Evans man says 'What a relief!' Context - Two earthquakes and hundreds of aftershocks have hit Christchurch, the first on 4 September 2010 and a second more devastating one on 22 February 2011. Toilets have been a real problem after the earthquakes with thousands of chemical toilets and portaloos being shipped in - some people, however, use the old kiwi method of digging a long-drop in the back garden. The Reserve Bank has made a relatively large 50-point cut in its benchmark interest rate, the Official Cash Rate (from 3% to 2.5 per cent). Critics say that inflation is already running unacceptably high and there is a threat of much higher inflation in a year or two when the rebuilding of Christchurch begins to put pressure on limited resources. The Reserve Bank acknowledged these factors, but it has chosen instead to focus on the immediate impact of the earthquake on the economy and particularly on all-important business and consumer sentiment. (Press editorial 12 March 2011) Colour and black and white versions available Quantity: 2 digital cartoon(s).

Radio with Pictures - South Island Music

Videos, NZ On Screen

RWP reporter/director Brent Hansen (later head of MTV Europe) visits the South Island: checking venues, talking to local luminaries, catching live bands and generally taking the pulse of the local music scene. Flying Nun is on the rise (and just starting to attract international attention) although none of the label's major acts are playing near the RWP cameras. Christchurch is in flux waiting on the next big pop act to emerge, while Dunedin is a hive of activity with a new generation of Flying Nun acts starting to come through. Then there's Crystal Zoom...