Reserve Bank chair Neil Quigley says sorry after knuckle rap from Finance Minister Nicola Willis

Reserve Bank chair Neil Quigley says sorry after knuckle rap from Finance Minister Nicola Willis
The Reserve Bank of New Zealand's chair, Neil Quigley. (Photo: NZME)
Rebecca Howard
The Reserve Bank of New Zealand's chair, Neil Quigley, says he regrets the delay in fronting up about why former governor Adrian Orr resigned, after a public knuckle rap from Finance Minister Nicola Willis. Quigley made the statement after Willis told reporters at Fieldays that she had “expressed my view they did not manage that Official Information Act request well and I expect them to do better”.BusinessDesk and other media outlets had requested communications and briefings about Orr's decision to resign in early Marc...

More Economy

Westpac tips ‘Turneresque’ 25bp cut but says RBNZ could still channel McCullum
Economy

Westpac tips ‘Turneresque’ 25bp cut but says RBNZ could still channel McCullum

Westpac Bank is sticking to its view the central bank will cut rates by 25 basis points next week to 2.25% but says there’s a 25% chance it will opt to be more aggressive and cut by 50bps.The key question is whether the Reserve Bank's monetary policy committee thinks it will...

Rebecca Howard 19 Nov 2025
Argosy delivers strong first-half results
Economy

Argosy delivers strong first-half results

Earnings and net tangible asset value per share up. 

Andy Macdonald 19 Nov 2025
Asset Plus' first-half profit lower as Munroe Lane in focus
Economy

Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year. 

Andy Macdonald 19 Nov 2025
No obstacles to RBNZ rate cut next week
Economy

No obstacles to RBNZ rate cut next week

The RBNZ is expected to cut the OCR to 2.25% and leave the door open for more.

Rebecca Howard 18 Nov 2025