Adrian Orr stands up Ben Bernanke as he goes on leave

Adrian Orr stands up Ben Bernanke as he goes on leave
RBNZ chair Neil Quigley tries to explain Adrian Orr's sudden exit. (Image: BusinessDesk)
Pattrick Smellie
The resignation of Reserve Bank of New Zealand governor Adrian Orr has left an embarrassing gap in attendees for a marquee conference the central bank is running in Wellington over the next two days.Top billing for the event, examining 35 years of flexible inflation-targeting, is Ben Bernanke, the chair of the US Federal Reserve between 2006 and 2014, who was to have been introduced by Orr as keynote speaker this morning in Wellington.The conference is also being attended by a coterie of other international speakers, including two current Feder...

More Finance

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

Life insurance market shrinks
Finance Risky Business

Life insurance market shrinks

Foreign firms dominate as affordability, tax and access barriers stymie growth.

Phasing out $6b capital layer unlikely to dent banks’ ratings
Finance

Phasing out $6b capital layer unlikely to dent banks’ ratings

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

Andy Macdonald 17 Sep 2025
Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Oliver Lewis 17 Sep 2025