The closing date for written submissions was Thursday, 19 July 2007.

The terms of reference for this inquiry are as follows:

• To consider the causes of inflationary pressures.
• To consider the effectiveness of current monetary policy in controlling inflation.
• To examine the interaction of monetary policy with other elements of the economic policy framework including fiscal policy.
• To examine the New Zealand economy’s capacity for non- inflationary growth, and how it can be improved.
• To examine the role of productivity in the economy, how it can be improved, and the constraints upon it.
• To examine the recommendations from recent examinations of monetary policy including the joint Treasury and Reserve Bank of New Zealand’s report entitled Supplementary Stabilisation Instruments.
• To consider additional measures that could enhance monetary policy in New Zealand.

The committee requires 2 copies of each submission to be made in writing. Those wishing to include any information of a private or personal nature in a submission should first discuss this with the clerk of the committee, as submissions are usually released to the public by the committee. To assist with administration please supply your postcode and an email address if you have one.

Further guidance on making a submission can be found from the Making a Submission to a Parliamentary Select Committee link in the in the ‘Related links’ panel.