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Kerre Woodham Mornings Podcast

Robert MacCulloch: University of Auckland Business School Professor on Adrian Orr's resignation as Reserve Bank Governor

Mar 5, 2025
10:07

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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