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"A lousy Governor": Professor says Adrian Orr made 'significant mistakes' during tenure

Author
Newstalk ZB,
Publish Date
Thu, 6 Mar 2025, 11:47am
Adrian Orr. Photo / Mark Mitchell
Adrian Orr. Photo / Mark Mitchell

"A lousy Governor": Professor says Adrian Orr made 'significant mistakes' during tenure

Author
Newstalk ZB,
Publish Date
Thu, 6 Mar 2025, 11:47am

There's confusion around the Reserve Bank Governor's resignation. 

Adrian Orr's announced he's quitting, two years into his second five-year tenure. 

Neither the Prime Minister nor Finance Minister are giving any details of why he's abruptly quit. 

University of Auckland Business School Professor Robert MacCulloch told Kerre Woodham that while we don’t know for certain, the criticism Orr has received over the years likely played a factor.  

He recommends not getting too political about it, saying that one shouldn’t take their eye off the ball that he was a bad governor, and the country stagnated due to significant mistakes made during his tenure.  

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