Welcome to Inside Economics, where the latest economic insights are explored weekly. Recent Stats NZ data revealed a decline of 27,850 jobs in New Zealand as of June compared to the previous year, leading to concerns about the labor market and the overall economic conditions during winter.
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Treasury releases minutes of meeting Adrian Orr had with Nicola Willis before he resigned as Reserve Bank governor
Details surrounding Adrian Orr's unexpected resignation as Reserve Bank governor are emerging, revealing he left a meeting with Finance Minister Nicola Willis and senior officials early, just a week prior to his resignation announcement on March 5. Meeting minutes indicate Orr expressed disagreement over proposed government funding for the Reserve Bank and voiced frustration about the relationship between the RBNZ and the Treasury. Want More Context? 🔎
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