PremiumJenée TibshraenyWellington Business Editor·NZ Herald·29 Jul, 2026 02:00 AM3 mins to read‌Finance Minister Nicola Willis, with Treasury deputy secretary Chris Bunny in the background, says Treasury advised her to decline the Reserve Bank's funding request. Photo / Mark MitchellFinance Minister Nicola Willis isn’t having a bar of the Reserve Bank quite literally pushing the envelope by requesting a tweak to the Government funding it receives.

Willis has declined a request by the bank for it to add funding it didn’t spend last year to its budget for this