Robert MacCulloch: The RBNZ Paid its "Exec Leadership Team" $5.2 million (they're just 10 of them, most non-economists)

Forget the cost-of-living-crisis. That's not something experienced in Wellington by public sector executives. The Reserve Bank's Annual Report has just been released & says its Executive Leadership Team was paid just under $5.2 million. Most of the 10 of them have no training in economics (8 to be precise) so I'm not clear what it is they do that's associated with NZ having better economic (monetary & banking) policies.