Public in the Dark over Adrian Orr's Resignation, as RBNZ Delays Information Release

Public in the dark over Adrian Orr's resignation, as RBNZ delays information release

The Reserve Bank of New Zealand is continuing to delay releasing information related to Adrian Orr’s sudden resignation as governor three months ago. The...

Reserve Bank predicts more job losses – Labour

The Reserve Bank’s Monetary Policy Statement predicts a sluggish economy with higher inflation and more job losses. “Just days after Nicola Willis slashed women’s pay in order to deliver her so-called ‘Growth Budget’, growth is now predicted to slow,” Labour finance and economy spokesperson Barbara Edmonds said. “The Reserve Bank cited low growth, higher inflation in the short term, and higher unemployment as key reasons why they cut rates toda…