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30 Aug 2025 14:55
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      Home > News > Politics

    Hopes the Reserve Bank Chair's decision to step down will put an end to the debacle surrounding the former Governor's resignation

    Hopes the Reserve Bank Chair's decision to step down will put an end to the debacle surrounding the former Governor's resignation


    Neil Quigley resigned yesterday, with immediate effect.

    It follows Finance Minister Nicola Willis' transparency concerns over former Governor Adrian Orr's decision to leave.

    Infometrics Principal Economist Brad Olsen says this should provide important closure, and restore some trust.

    Olsen says the public were fed one story before the truth came out, and given the Minister's lack of confidence he was either going to have to resign or be fired.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
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     30 Aug: Infrastructure New Zealand says National and Labour should come together to back longer parliamentary and council terms
     30 Aug: Hobson's Pledge is defending its decision to use Rotorua's Mayor in its campaign against Maori wards, without her permission
     30 Aug: Meridian and Nova Energy have finalised a joint venture for a solar farm near Taupo - set to be one of the largest in New Zealand
     30 Aug: The Electoral Commission's gearing up for an increase in voting this weekend, in the Tamaki Makaurau by-election
     29 Aug: Reserve Bank Chair Neil Quigley has resigned
     29 Aug: The Ministry of Education is warning schools not to open any threatening emails
     Top Stories

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     Today's News

    		 Tennis:
    And just quickly to the US tennis Open Grand Slam, where normal service has seemingly resumed at Arthur Ashe Stadium 14:07

     Rugby:
    A rare NPC feat will be celebrated at Rangiora this afternoon with hooker Ben Funnell to bring up 100 games for Canterbury 14:07

     Tennis:
    Australian qualifier Priscilla Hon loses to American Ann Li in the third round of US Open 13:47

     International:
    North Korea's leader Kim Jong Un, will join Russia's Vladimir Putin,, at China's military parade 13:47

     Entertainment:
    Nick and Vanessa Lachey always try to present a "united" front to their children 13:46

     Business:
    Small to medium business owner confidence in our economy has taken a knock 13:27

     International:
    Journalists in Gaza say they feel their lives are 'worth nothing' 13:17

     Entertainment:
    Benedict Cumberbatch refuses to be away from his family for more than two weeks at a time 13:16

     Rugby:
    The presence of injured loose forward Kaipo Olsen-Baker has motivated the Black Ferns ahead of their second Rugby World Cup game against Japan 12:47

     Entertainment:
    Riz Ahmed was hospitalised for "something silent and intense" while filming Rogue One: A Star Wars Story 12:46

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