Why Adrian Orr left now: a plausible theory

Why Adrian Orr left now: a plausible theory
Prime Minister Christopher Luxon questioned over Adrian Orr's departure. (Image: NZME)
Pattrick Smellie
The unsignalled resignation of Reserve Bank governor Adrian Orr was briefly a shock.But on reflection, the list of reasons for choosing to go now turns out to be surprisingly long.Take your pick:Orr’s reappointment for a second five year term by then Finance Minister Grant Robertson in November 2022 was never welcomed. At the time, Opposition leader Christopher Luxon and finance spokeswoman Nicola Willis complained it was a breach of protocol; that previous occasions where a reappointment had coincided with an election, a permanent appoin...

More Finance

Adrian Orr stands up Ben Bernanke
Finance

Adrian Orr stands up Ben Bernanke

The former Fed chair is in NZ for the central bank's marquee conference this week.

Govt green fund’s BlackRock knockback
Finance

Govt green fund’s BlackRock knockback

The government-backed fund decided against participating last June.

Pattrick Smellie 05 Mar 2025
Central govt churn worsens council credit ratings
Finance

Central govt churn worsens council credit ratings

S&P isn't sure whether council financial forecasts are accurate any more. 

Jem Traylen 04 Mar 2025
ANZ cuts MOVE Logistics exposure
Finance

ANZ cuts MOVE Logistics exposure

The company says its turnaround plan is working.

Pattrick Smellie 28 Feb 2025