Adrian Orr and his battles with Treasury

Former Reserve Bank boss Adrian Orr clashed with Treasury. (Image: NZME)

Thu, 24 Jul 2025

The chairman of the Reserve Bank of New Zealand apologised to a Treasury staff member for Adrian Orr’s behaviour in a meeting two weeks before his sudden resignation as governor.“I am sorry Adrian lost his cool with you this afternoon. Your question was not surprising and [he] should have been able to give you a more dispassionate answer,” Neil Quigley told the principal Treasury adviser in an email on Feb 20.The adviser responded: “Thanks, Neil. I appreciate your email. I also realise this is a difficult process and emo...

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