Pursuant to clause 2(3) of Schedule 1 of the Reserve Bank of New Zealand Act 1989, I hereby give notice that on 14 February 2019 I issued the first remit for the monetary policy committee of the Reserve Bank of New Zealand (“Bank”), after reaching agreement with the Governor of the Bank on the contents of the remit.

The remit is available on the Bank’s website: www.rbnz.govt.nz.

Dated at Wellington this 14th day of February 2019.

Hon GRANT ROBERTSON, Minister of Finance.