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Home World New Zealand

Treasury releases minutes of meeting Adrian Orr had with Nicola Willis before he resigned as Reserve Bank governor

30 July 2025
in New Zealand
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Treasury releases minutes of meeting Adrian Orr had with Nicola Willis before he resigned as Reserve Bank governor
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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.

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