The Treaty Principles Bill was voted down at its second reading in Parliament, without much fanfare. Prime Minister Christopher Luxon did not participate in the debate, leaving Act’s plans on the Treaty debate unclear. Te Pāti Māori MP Hana-Rāwhiti Maipi-Clarke gained international attention for her haka during the first-reading debate, but the second reading was less memorable, with most of the public gallery leaving before the final vote.
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Ombudsman compels Reserve Bank to reveal Adrian Orr agreed to resign if board’s letter of concerns was binned
The Ombudsman compelled the Reserve Bank to disclose information regarding Adrian Orr's abrupt resignation as Governor on March 5, revealing he had temporarily stepped down on February 27 amid escalating tensions with the board, Treasury, and Finance Minister Nicola Willis. Acting Governor Christian Hawkesby took over, following concerns about a lack of trust highlighted by board chair Neil Quigley. Want More Context? 🔎
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