Geof Mortlock: Former Reserve Bank senior staffer on the inquiry into the Reserve Bank's decisions during Covid episode artwork

EPISODE · Feb 11, 2026 · 3 MIN

Geof Mortlock: Former Reserve Bank senior staffer on the inquiry into the Reserve Bank's decisions during Covid

from The Mike Hosking Breakfast · host Newstalk ZB

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. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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Geof Mortlock: Former Reserve Bank senior staffer on the inquiry into the Reserve Bank's decisions during Covid

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