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

Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Pattrick Smellie 02 Apr 2025
Willis can do more to fix banking competition
Finance

Andrew Body: Willis can do more to fix banking competition

A competitive banking system needs more than lower capital adequacy ratios.

Andrew Body 02 Apr 2025
RBNZ signals U-turn on bank capital requirements
Finance

RBNZ signals U-turn on bank capital requirements

A major shift at RBNZ's first public outing since Adrian Orr's sudden departure.

Pattrick Smellie 31 Mar 2025
Grenon seeks to end ‘futile’ NZME board stoush
Finance

Grenon seeks to end ‘futile’ NZME board stoush

It's time for the current board to fold 'em, says coup orchestrator. 

Pattrick Smellie 26 Mar 2025