Internal Documents Reveal Why Adrian Orr Resigned as Reserve Bank Governor

Why did Adrian Orr want more money for the Reserve Bank?

Official documents suggest Orr had concerns about the bank’s operational independence under a much-reduced budget.

Reserve Bank reveals why Adrian Orr suddenly quit

Adrian Orr, left, resigned as Reserve Bank governor in March this year, and Finance Minister Nicola Willis. Photo: RNZ The Reserve Bank has revealed a dispute over funding was behind Adrian Orr's abrupt resignation as governor.

‘Matter distressing': Reserve Bank reveals reason for Adrian Orr's resignation

The Reserve Bank of New Zealand (RBNZ) has confirmed Adrian Orr resigned as Governor as he wanted more funding for the central bank than the Government was willing to provide. The bank said in a statement the RBNZ board –

Documents reveal why Adrian Orr suddenly quit as Reserve Bank Governor

The Reserve Bank Governor resigned in March after seven years of service.

Exit of a Central Bank Titan: Adrian Orr Bows Out Amidst Financial Turmoil

Former New Zealand central bank governor Adrian Orr resigned in March after disagreements with the treasury over budget cuts, causing distress and threatening working relationships. Orr felt he could no longer continue effectively. His tenure, marked by high interest rates and economic downturn, faced criticism from the ruling party.

Internal documents reveal why Adrian Orr resigned as Reserve Bank Governor

The Reserve Bank of New Zealand (RBNZ) has confirmed Adrian Orr resigned as Governor as he wanted more funding for the central bank than the Government was...