Podcast appearances and mentions of adrian orr

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Best podcasts about adrian orr

Latest podcast episodes about adrian orr

The Re-Wrap
THE RE-WRAP: Turning the Gas Back On

The Re-Wrap

Play Episode Listen Later Jul 30, 2025 12:11 Transcription Available


THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) Hopefully Just In Time/Jerome Burgundy/Nobody's Coming/More Orr Dribble/The Paper Plus ProblemSee omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Mike's Minute: Who I'd have for the Governor of the Reserve Bank

The Mike Hosking Breakfast

Play Episode Listen Later Jul 28, 2025 2:15 Transcription Available


Can I suggest Jarrod Kerr for Governor of the Reserve Bank? Jarrod is Kiwibank's Chief Economist. He has been completely consistent in his ongoing commentary around interest rate cuts and the Reserve Bank's need to do more. To be fair, our own Greg Smith at Devon Funds Management has told us, and argued, a similar story. The Kiwibank economic report that got a decent amount of coverage over the weekend is Jarrod's - proof positives that he is right and Adrian Orr and Christian Hawkesby have been, and are, wrong. As long as they continue to be myopic and look at nothing but inflation they can argue two things. 1) It's in the band, even though it's dangerously close to not being, and will most likely breach it this year, 2) This ongoing, but increasing false, idea that they have cut enough and the efforts of that will flow through eventually. We are virtually in August and the 25 points cut in the latter part of this year that's supposed to be lift off is nothing of the sort and the Kiwibank report confirms it. It tells us what we know already - the further south you go the better it is. But here is the real news; even in the best, most lucrative, optimistic part of the country i.e Otago and Southland they only get 5/10. A half mark is as good as it gets. The rest of the country is miserable. Are there signs? Yes, but how long do you want to squeeze the economic lemon looking for juice? Dairy, meat and kiwifruit - all the stuff we have talked about, and celebrated, is not only doing the heavy lifting; it's doing almost all the lifting. Tourism is there in Otago. But its still only 86% of what it was six years ago. Confidence is hard to find, foreigners still can't buy a house when they invest millions, and for every dollar you get from lower interest rates you pay $2 more for your power and insurance and rates, which have become the new version of highway robbery. The economy needs help. It needs a major enthusiast, it needs a circuit breaker and the Reserve Bank and their view and actions are potentially it. Jarrod sees it, Greg sees it, John Key sees it and wants a full 100 points drop. But until anyone of them is Governor, we rely on Christian and his committee and that is where the problem lies. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Mike's Minute: Who I'd have for the Governor of the Reserve Bank

Best of Business

Play Episode Listen Later Jul 28, 2025 2:24 Transcription Available


Can I suggest Jarrod Kerr for Governor of the Reserve Bank? Jarrod is Kiwibank's Chief Economist. He has been completely consistent in his ongoing commentary around interest rate cuts and the Reserve Bank's need to do more. To be fair, our own Greg Smith at Devon Funds Management has told us, and argued, a similar story. The Kiwibank economic report that got a decent amount of coverage over the weekend is Jarrod's - proof positives that he is right and Adrian Orr and Christian Hawkesby have been, and are, wrong. As long as they continue to be myopic and look at nothing but inflation they can argue two things. 1) It's in the band, even though it's dangerously close to not being, and will most likely breach it this year, 2) This ongoing, but increasing false, idea that they have cut enough and the efforts of that will flow through eventually. We are virtually in August and the 25 points cut in the latter part of this year that's supposed to be lift off is nothing of the sort and the Kiwibank report confirms it. It tells us what we know already - the further south you go the better it is. But here is the real news; even in the best, most lucrative, optimistic part of the country i.e Otago and Southland they only get 5/10. A half mark is as good as it gets. The rest of the country is miserable. Are there signs? Yes, but how long do you want to squeeze the economic lemon looking for juice? Dairy, meat and kiwifruit - all the stuff we have talked about, and celebrated, is not only doing the heavy lifting; it's doing almost all the lifting. Tourism is there in Otago. But its still only 86% of what it was six years ago. Confidence is hard to find, foreigners still can't buy a house when they invest millions, and for every dollar you get from lower interest rates you pay $2 more for your power and insurance and rates, which have become the new version of highway robbery. The economy needs help. It needs a major enthusiast, it needs a circuit breaker and the Reserve Bank and their view and actions are potentially it. Jarrod sees it, Greg sees it, John Key sees it and wants a full 100 points drop. But until anyone of them is Governor, we rely on Christian and his committee and that is where the problem lies. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Mike's Minute: Orr has shown his lack of professionalism

The Mike Hosking Breakfast

Play Episode Listen Later Jul 25, 2025 2:03 Transcription Available


Michael Reddell, who appears on this show a fair bit, has put the Adrian Orr resignation back in the news. He has a source close to the action that, in simple terms, suggests that Orr packed a sad at a couple of meetings, one of which was with Nicola Willis, the chair of the Reserve Bank Neil Quigley wrote to Orr with a list of concerns over that behaviour, and Orr quit. The underlying issue appears to be the fact the Government were determined to cut the Reserve Bank's budget, which ultimately, they were successful in doing. Why? Because like everything else under the Labour Government, too much money was spent, things blew out and the Reserve Bank had wandered off into new and expensive areas they didn't need to be in. The main point being: essentially what we thought happened, did. Adrian Orr has a short fuse, a fairly elevated sense of entitlement and importance, and didn't like what was unfolding – which is fine. He didn't have to like it and if he disliked it so badly, he could walk, which he did. But, and here is where this is important, he held a critical role in all our lives. People in jobs like that need to exemplary. Exemplary in execution and exemplary in person. He wasn't. He was a failure. Which then takes us back to how he got the job: through Grant Robertson. Not only did Robertson appoint Orr, he reappointed him. Bad people make bad decisions, and those bad decisions go on to have consequences. By way of contrast what do you reckon the pressure on Jerome Powell is like right now? Is Powell yelling and packing a sad? Is Powell going to quit in a massive hissy fit and vanish from the face of the earth without a word? I have a dollar with anyone who wants it that the answer is "no". Maybe Orr doesn't give a monkey's. Maybe Orr is that sort of bloke who's so inflated and mesmerised by himself that he is well past any reputational reflection. Maybe Grant is too. But the damage still sits in our bank accounts and rates bills and economic funk to this day. The bloke who stuffed the joint, packed a sad and stormed out, never to be heard from again. It's a sad indictment on a role and influence that should have been handled a great deal more elegantly and with a mile more professionalism.See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Full Show Podcast: 24 July 2025

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 24, 2025 100:04 Transcription Available


On the Heather du Plessis-Allan Drive Full Show Podcast for Thursday, 24 July 2025, the Government is making significant changes to voting rules. Same day enrolments are gone and you must now enrol to vote before early voting starts two weeks before election day. Justice Minister Paul Goldsmith speaks to Heather. Finance Minister Nicola Willis says she still has confidence in the chair of the Reserve Bank, Neil Quigley, as more details are revealed about Adrian Orr's alleged behaviour before he quit his job as Governor. A group of doctors and nurses want politicians to waive their right to private healthcare while they're in power, so they can get a better feel for the constraints of the public health system. Plus, the Huddle debates whether people who enrol to vote on the day are dropkicks. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Nicola Willis: Finance Minister expresses disappointment over Reserve Bank's handling of Orr's resignation

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 24, 2025 5:40 Transcription Available


The Finance Minister's repeating dismay over the Reserve Bank handling of its Governor's abrupt resignation. It's been confirmed chair Neil Quigley apologised to Treasury over Adrian Orr's behaviour, just weeks before he quit. It wasn't released through official information requests - and follows the central bank also apologising over its management of the departure. Nicola Willis says she was aware emotions were running high at the time. "Yes, I do have confidence in Neil Quigley. I have also, however, previously shared my disappointment at the way information on the way information on this matter has been shared with New Zealanders." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Re-Wrap
THE RE-WRAP: Butter's Getting Boring

The Re-Wrap

Play Episode Listen Later Jul 23, 2025 14:31 Transcription Available


THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) Could It All Be a Cunning Plan?/Winston Wags the Dog/Don't Mention Adrian/MG ArgybargySee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Jenee Tibshraeny: NZ Herald Wellington business editor on Treasury confirming concerns were raised about Adrian Orr's conduct

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 23, 2025 6:03 Transcription Available


The Treasury has confirmed concerns were raised about former Reserve Bank Governor Adrian Orr's conduct. Its comment comes as it responds to an allegation there was more to Orr's departure than the public has been led to believe. NZ Herald Wellington business editor Jenee Tibshraeny speculates further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Jenee Tibshraeny: NZ Herald Wellington business editor on Treasury confirming concerns were raised about Adrian Orr's conduct

Best of Business

Play Episode Listen Later Jul 23, 2025 6:12 Transcription Available


The Treasury has confirmed concerns were raised about former Reserve Bank Governor Adrian Orr's conduct. Its comment comes as it responds to an allegation there was more to Orr's departure than the public has been led to believe. NZ Herald Wellington business editor Jenee Tibshraeny speculates further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Full Show Podcast: 22 July 2025

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 22, 2025 101:08 Transcription Available


On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 22 July 2025, Sky TV chief executive Sophie Moloney tells Heather why she bought Three for $1. Foreign Minister Winston Peters says enough is enough in Gaza, but what will it really take to end the war? Reserve Bank Governor Neil Quigley gets a grilling after new claims about the events that led to ex-Governor's Adrian Orr's resignation. Why are we seeing such a huge rise in gym related injuries? Plus, the Huddle debates a new poll that suggests the Government will lose power at the next election - and NZ First voters are keen on Labour again. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis revealing legal advice was sought over RBNZ funding

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 18, 2025 4:45 Transcription Available


The Finance Minister's revealed top-level legal advice was sought over the Reserve Bank's battle with Treasury for funding. The bank received less money than it anticipated in the latest funding round - which prompted Adrian Orr to quit as Governor. NZ Herald Wellington business editor Jenee Tibshraeny unpacks the issue further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Jenee Tibshraeny: NZ Herald Wellington business editor on Nicola Willis revealing legal advice was sought over RBNZ funding

Best of Business

Play Episode Listen Later Jun 18, 2025 4:54 Transcription Available


The Finance Minister's revealed top-level legal advice was sought over the Reserve Bank's battle with Treasury for funding. The bank received less money than it anticipated in the latest funding round - which prompted Adrian Orr to quit as Governor. NZ Herald Wellington business editor Jenee Tibshraeny unpacks the issue further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Nicola Willis: Finance Minister reveals whether she followed up with Neil Quigley

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 16, 2025 11:05 Transcription Available


The Finance Minister made it clear she was unimpressed with the way the RBNZ handled public communication around Adrian Orr's departure. Reserve Bank board chair Neil Quigley recently revealed he 'regretted' the time it took to release information around Orr's surprise resignation. Nicola Willis says the central bank could have provided some clarifying statements more promptly than they did. "As soon as they'd worked through what they could say with the former governor, there was obviously significant public interest in that information. And it would have been in everybody's best interests for them to share that at an earlier junction." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Mike's Minute: It's revealed Adrian Orr left with little dignity

The Mike Hosking Breakfast

Play Episode Listen Later Jun 13, 2025 1:58 Transcription Available


It's hardly a surprise, is it? Adrian looks at what Nicola is offering to run the place, packs a sad, and is off. It's a pathetic end to a tumultuous period in which we, the people who paid him, deserved an awful lot better. The fact this information on the Orr resignation had to be dragged out of the bank by way of the Official Information Act, the rules of which were ignored as the bank failed to meet deadlines, shows you just what sort of place we are dealing with. How you conduct yourself is critical. It's critical to all of us and even more critical the further up the totem pole you are. There's nothing wrong with Adrian quitting if he genuinely believed the money being offered to run the bank wasn't enough. But you do it with some dignity. You quit, you serve out your period, you offer reasons for you quitting and you move on with life. In doing it that way you give us all an insight into what sort of human being you are. And in this case, you might well have been able to give us insight into how your organisation runs, what its thinking is, what the gap is between the bank and the Government and why you might be right, and they might be wrong. It doesn't have to turn into a scrap or a fallout. Just a series of adult ideas as to why people might see things at odds to each other. If Covid taught us nothing else, it taught us the critical role of a central bank and what sort of people run it. The way Adrian ran it is well documented and the general view held by many is widely traversed. But the sudden departure was another insight into why Adrian did things the way he did. He is petulant. You don't leave out of the blue and in silence. You don't bail on hosting an international finance conference having said you were looking forward to it. It's toys and sandpits with Adrian and then obfuscation from the bank when a few simple questions were asked. If you can't conduct yourself, and the bank can't conduct themselves, with any great level of clarity, transparency and professionalism, is it any wonder the economy got run over the way it did? Ol' Adrian won't be missed. But you would have hoped for something a bit more sophisticated on the way out. See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Mark the Week: The Warriors can't stop winning

The Mike Hosking Breakfast

Play Episode Listen Later Jun 12, 2025 2:19 Transcription Available


At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Ryan Fox: 9/10 Living the dream by winning. It rarely gets better, and another chance at a big one over this weekend. Greta Thunberg: 2/10 Not kidnapped, just fantastically annoying. She is a good example of where your annoyingness outweighs your effect on your cause. Adrian Orr: 4/10 Local disappointment of the week is both him and the Reserve Bank over their petty mucking around over simple questions. When its petty at the top, it leads nowhere productive. They should be embarrassed. The Warriors: 8/10 Can't stop winning. Another two points this weekend with the bye and two more after that against the Panthers. This is the journey to the promised land. This is our year. Los Angeles: 3/10 Was that an overreaction looking for a skirmish, or what? You can only show us an intersection of a few hundred masked try hards and pretend it's a "thing" for so long. Businesses and franchises: 7/10 Record sales. We're selling businesses like hotcakes. That's got to be a good sign for confidence. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Thomas Coughlan: NZ Herald political editor on Nicola Willis saying the RBNZ should have given the reasons behind Adrian Orr's departure

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 12, 2025 4:13 Transcription Available


The Finance Minister says the Reserve Bank should have given the reasons behind Governor Adrian Orr's abrupt departure - sooner. It released documents yesterday showing Orr resigned over Government funding being well below the Budget allocation he sought. Nicola Willis criticised the central bank's delay in outlining the reasons. NZ Herald political editor Thomas Coughlan explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Perspective with Heather du Plessis-Allan: Can we trust another word out of Neil Quigley's mouth?

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 12, 2025 2:44 Transcription Available


I don't enjoy saying what I'm about to say because personally I quite like Neil Quigley, but I think that he needs to quit as the chair of the Reserve Bank - simply because I do not think that we can ever trust a single word that comes out of that man's mouth again as the chair. He has been busted telling not just one, but quite a lot of fibs about Adrian Orr's resignation. So for a start, on the day that Adrian Orr quit, you'll recall Neil Quigley was the one who held the press conference. At the time he said Adrian's resignation was a personal decision. That is clearly not true. Adrian, we now find out, packed a sad, and quit over funding. Neil Quigley also said that there was nothing that the Government had said in the days before that that caused Adrian to quit. Not true. Adrian and Nicola, and actually Neil himself, had a meeting about the funding 9 days before the resignation. Neil Quigley was also asked whether there were any policy conduct or performance issues which are at the centre of this resignation. He said there are no issues of that type that are behind this resignation. Once again, not true. He was asked what happened because: "Reserve Bank governors don't just up and resign" and he said: "There is a time when you think having achieved what you wanted to achieve, that's enough". Once again, not true. That's not why Adrian quit. Adrian quit because he packed a tantrum because he didn't get enough money. Now, I do not know why Neil Quigley decided that he needed to tell porkies in order to defend Adrian Orr. I mean, I get the feeling that he has spent a great deal of his time, unfortunately for him, trying to manage the tantrums of our former toddler governor, and perhaps he just got into a little bit of a pattern of butt covering for the guy. He has suggested that he was constrained in what he could say by Orr's exit agreement. But in that case, you simply say, look, I can't say much because it's an employment agreement. And I think we all will understand that because we're all employees or employers, and we're all constrained by the same law, so we get it. But he didn't choose to do that, did he? He chose to stand there and fib to us, and that means that next time he's up answering some tough questions, I don't know if we're going to trust him, are we? Already, unfortunately for Neil, he's got quite a big black mark against him. He was part of the money printing team with Adrian Orr that stuffed up the economy, and some already think that that is enough reason to call for him to quit. Never mind the fact that he has now been busted telling straight out porkies in public. So if I was Neil Quigley, he's got two options. He can hang in there and see how it goes, or he can quit while he's still ahead - and I would do the latter. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
The Huddle: Is there a way we can turn the fertility rates around?

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 12, 2025 10:26 Transcription Available


Tonight on The Huddle, Maxim Institute researcher Thomas Scrimgeour and Infrastructure NZ CEO Nick Leggett joined in on a discussion about the following issues of the day - and more! The UN has raised the alarm over declining fertility rates, with cost of living and job insecurity being cited as the primary factors behind these changes. How can we fix this? What changes could be made? Kainga Ora is set to roll out the wool carpets in new state homes. How do we feel about this? Should Reserve Bank chair Neil Quigley resign because he didn't tell us the truth earlier about why Adrian Orr quit? LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Nicola Willis: Finance Minister on the directive for public entities to use wool, Adrian Orr resignation and Reserve Bank funding

The Mike Hosking Breakfast

Play Episode Listen Later Jun 11, 2025 6:24 Transcription Available


The Finance Minister says a move to require wool carpets in state housing makes financial sense. Nicola Willis has announced a change to Kainga Ora's supplier agreement that will see it re-open its previously nylon-only carpet tender process. From the start of next month, all public entities will also be required to use woollen fibres where practical and appropriate. Willis told Mike Hosking officials have told her it makes sense for Kainga Ora to make this change. She says it's cost-neutral, and it performs well across a number of other dimensions. Nicola Willis says the Reserve Bank should never be exempt from cost-cutting across the public sector. Newly released documents show Adrian Orr's abrupt resignation as Governor came after he was denied the Budget allocation he was seeking. The Finance Minister says the central bank still has the funding it requires to do its statutory duties. She told Hosking the Reserve Bank can't operate as a "gilded palace" – it needs to be fiscally responsible, like all other government departments. Willis says any idea that the Reserve Bank doesn't need to abide by the same funding constraints as other Government agencies is wrong. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Michael Reddell: former Reserve Bank economist on the new reports revealing why Adrian Orr left the RBNZ

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 11, 2025 4:09 Transcription Available


A former Reserve Bank economist is calling out his former employers' lack of transparency. The bank today revealed Adrian Orr quit as Governor in March, when the five-year funding for the RBNZ was much less than anticipated. Michael Reddell says the bank waited far too long to say why Orr left so abruptly. "It's just extraordinary - maybe they couldn't tell us the full story on the day, but the new Reserve Bank funding agreement was published on the 16th of April. There's absolutely no excuse at this point for lack of clarity." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Full Show Podcast: 11 June 2025

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 11, 2025 100:55 Transcription Available


On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 11 June 2025, the real story of why Adrian Orr quit his Reserve Bank Governor job is out... so what was all the secrecy about? The Israeli ambassador speaks to Heather after the NZ Government imposed a travel ban on two Israeli Ministers. A luxury real estate agent reckons we could attract hundreds of millions of dollars in investment from overseas if only we let foreign investors buy homes here. Former UK education Minister Sir Nick Gibb on how he turned around shocking reading and maths rates in the UK. Plus, the Huddle debates the use of DNA tests as 23andMe gets sued for trying to sell people's genetic data. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Thomas Coughlan: NZ Herald political editor on the new documents revealing why Adrian Orr resigned as Reserve Bank Governor

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 11, 2025 5:34 Transcription Available


Revelation of long-awaited details of Reserve Bank Governor Adrian Orr's March resignation. In February, Orr emailed his board - saying there were significant differences in the funding needed and how much the Government would provide. The bank confirmed its board agreed to a lesser amount of funding and that caused Orr's resignation. NZ Herald political editor Thomas Coughlan says it's unclear why the central bank was so secretive about this matter. LISTEN ABOVESee omnystudio.com/listener for privacy information.

#BHN Big Hairy News
#BHN Marilyn Garson on banning Israeli MPs | Chloe v Chhour on taxing the rich | Why Adrian Orr Quit

#BHN Big Hairy News

Play Episode Listen Later Jun 11, 2025 97:49


LIVE at 9pm we have Alternative Jewish Voices Marilyn Garson joining us to talk about the NZ government joining Britain, Australia, Canada and Norway in banning two 'extremist' Israeli politiciansNZ Herald's Herald NOW programme hosted their political panel today with Greens co-leader Chlöe Swarbrick and ACT Minister Karen Chhour discuss sanctions against Israeli ministers and "taxing the rich"The Reserve Bank has revealed more details behind the shock resignation of former governor Adrian Orr in March, which has now been attributed to a "distressing" disagreement over the central bank's funding.=================================Come support the work we're doing by becoming a Patron of ⁠⁠#BHN⁠⁠ www.patreon.com/BigHairyNews⁠=================================Merch available at www.BHNShop.nz Like us on Facebookwww.facebook.com/BigHairyNews Follow us on Twitter.@patbrittenden @Chewie_NZFollow us on BlueskyPat @patbrittenden.bsky.socialChewie @chewienz.bsky.socialEmily @iamprettyawesome.bsky.socialMagenta @xkaosmagex.bsky.social

Best of Business
Michael Reddell: former Reserve Bank economist on the new reports revealing why Adrian Orr left the RBNZ

Best of Business

Play Episode Listen Later Jun 11, 2025 4:18 Transcription Available


A former Reserve Bank economist is calling out his former employers' lack of transparency. The bank today revealed Adrian Orr quit as Governor in March, when the five-year funding for the RBNZ was much less than anticipated. Michael Reddell says the bank waited far too long to say why Orr left so abruptly. "It's just extraordinary - maybe they couldn't tell us the full story on the day, but the new Reserve Bank funding agreement was published on the 16th of April. There's absolutely no excuse at this point for lack of clarity." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Newstalk ZBeen
NEWSTALK ZBEEN: Why Is Immigration So Complicated?

Newstalk ZBeen

Play Episode Listen Later Jun 9, 2025 12:21 Transcription Available


FIRST WITH YESTERDAY'S NEWS (highlights from Monday on Newstalk ZB) Can't We Just Do It Case By Case?/We're Not Paying for Their Jackets/Too Old to Change?/Weather and Power/Where In the World Is Adrian OrrSee omnystudio.com/listener for privacy information.

The Re-Wrap
THE RE-WRAP: Is This Actually Their Year?

The Re-Wrap

Play Episode Listen Later Jun 8, 2025 11:15 Transcription Available


THE BEST BITS IN A SILLIER PACKAGE (from Monday's Mike Hosking Breakfast) You Can't Argue with a Performance Like That/People Will Always Go to Good Places/Where In the World is Adrian Orr?/Stop Trying to Save the Planet/Speaking of Terrible Cars...See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Mike's Minute: What I hope from the Budget

The Mike Hosking Breakfast

Play Episode Listen Later May 21, 2025 1:42 Transcription Available


What I hope for today is a sign and a sense that what we are facing economically as a country is real, and it's real bad, and the Government see it, accept it, and chart a path forward that gives us some sort of hope. The damage done by Jacinda Ardern, Grant Robertson, Chris Hipkins, and Adrian Orr is now years long. You can't invent money in that volume without spending the ensuing years trying to dig yourself out of it. The start has been made. The cutbacks have begun and the screaming, wailing, and upset has ensued. But there is a lot more where that came from. The seeds of recovery are real, manufacturing is expanding, and has been for several months, but services aren't. Sentiment isn't. The farmers have struck gold, but the weather has been exceptionally kind, as have Americans with their passion for burgers. Our debt is shocking. We are not running a surplus on an annual basis and still won't be for years. The Finance Minister today has virtually nothing to play with; no excess, no lolly, and no largesse. She has, I hope, found a fortune in savings and she will redirect that to better places. I pray she isn't borrowing on top of what we have already incurred. If she has, she may well be making a generational mistake, given Treasury says 50% debt by way of GDP is it, and we are close enough to that to worry the conservatives. In a sense today should wrap some numbers and forecasts around the rhetoric, being we are open for businesses, we are pro-growth, we are big on infrastructure and most importantly, fiscally as well as economically, we are not going to die wondering. Today is not a day for a dollar here and a dollar there. It is not an itch-scratching exercise. It should be a document that lays an ongoing foundation for the major project that is the economic resuscitation of the New Zealand economy. See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Mark the Week: Erica Stanford's email was time-wasting nonsense

The Mike Hosking Breakfast

Play Episode Listen Later May 8, 2025 2:08 Transcription Available


At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Anthony Albanese: 8/10 Better than anyone, and I suspect even he, expected. Nigel Farage: 8/10 Better than anyone, and I suspect even he, expected. Donald Trump: 6/10 Between the redecorating tips, the movie move, the GDP going backwards, Mark Carney, whatever the Middle East announcement is, the deals he wants to do, the deals he doesn't want to do, his withdrawal of another nomination, defunding of public broadcasting, his outrage over the Emmy nod for the interview he's suing over, plane loads of illegal's to Syria, Lord knows how many court cases - and that's just this week! Have you ever seen a more omnipresent international player? Erica Stanford's email: 2/10 The biggest time-wasting nonsense of the week. Adrian Orr's farewell: 4/10 The saddest thing you ever heard. $6,000 for water, juice and biscuits. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

Cheques & Balances
OCR Predictions: Orr Is Out, Tariffs Are In | Episode 303

Cheques & Balances

Play Episode Listen Later Apr 6, 2025 14:17


Adrian Orr steps down and Trump's tariffs step up—this week, global finance is in flux and Kiwis are wondering what comes next. We break down what the Reserve Bank's next move means for borrowers, how Trump's tariffs are shaking the global economy, and what Orr's exit signals for the future of monetary policy in New Zealand.Next Steps: Need help navigating rate changes? Talk to the team at Lighthouse Mortgages—no guesswork, no stress, just the right loan with the right structure at the right price. Want to learn more? Check out these episodes below:How Trump is Shaping the Global Economy ft. Jarrod KerrNZ's Economy in 2025: Is the Worst Over? For more money tips follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

Heather du Plessis-Allan Drive
Jenee Tibshraeny: NZ Herald Wellington business editor unveils some new details surrounding Adrian Orr's resignation

Heather du Plessis-Allan Drive

Play Episode Listen Later Apr 2, 2025 3:31 Transcription Available


The Reserve Bank wasn't planning to announce former governor Adrian Orr's resignation until after it had hosted a big international conference. But the unexplained resignation was brought forward by five days to March 5 - the day before the conference, new documents reveal. NZ Herald Wellington business editor Jenee Tibshraeny explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Leighton Smith Podcast
Leighton Smith Podcast #275 - March 12th 2025 - Rodney Hide

The Leighton Smith Podcast

Play Episode Listen Later Mar 12, 2025 116:12 Transcription Available


Ex-politician Rodney Hide is fighting a battle. It began a couple of years ago, and it continues today. It involves the 'Relationship and Sexuality Education Curriculum' being taught in his daughter's school. It's actually taught in all schools. Rodney is not the only parent unhappy about what's being taught, but he stands almost alone in trying to address it. To him it is a matter of principle. But we also discuss other matters- the RBNZ and Adrian Orr, Luxon and the National party, economic growth, and more. And we wind up in The Mailroom with Mrs Producer. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Full Show Podcast: 10 March 2025

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 10, 2025 100:47 Transcription Available


On the Heather du Plessis-Allan Drive Full Show Podcast for Monday, 10 March 2025, Chris Hipkins has overtaken Chris Luxon in the latest political poll - and we'll dig into what's going on with the PM's popularity. Who is Mark Carney? Ryan Bridge tells you everything you need to know about Canada's new PM. Ryan asks Finance Minister Nicola Willis when she found out about Adrian Orr's shock resignation. Plus, the road cone scandal that has us all riled up. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Barry Soper: Senior Political Correspondent wraps the political week, discusses Adrian Orr's resignation, Phil Goff loses High Commissioner role, Trump's pause on tariffs

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 7, 2025 5:49 Transcription Available


The man at the centre of the economy for eight years has resigned, leaving without notice or explanation. Adrian Orr stepped down from his role as Reserve Bank governor on Wednesday. Senior Political Correspondent Barry Soper says it would be beneficial to hear from Orr. "He's either accepting absolute defeat in what he set out to do, or he's saying ... 'I've done the job, now I'm out of here.' LISTEN ABOVE. See omnystudio.com/listener for privacy information.

RNZ: Checkpoint
Finance Minister insists Orr's resons for resigning are his own

RNZ: Checkpoint

Play Episode Listen Later Mar 6, 2025 3:28


The Finance Minister insists the Reserve Bank governor's reasons for resigning are his and his alone, as questions continue to be asked over exactly why Adrian Orr has gone. Mr Orr's immediate departure means he didn't host a major conference today, with the Deputy - now Acting - governor taking to the stage instead. Here's our political reporter Giles Dexter.

RNZ: Checkpoint
Adrian Orr, Greg Foran resign, Phil Goff sacked in 24 hours

RNZ: Checkpoint

Play Episode Listen Later Mar 6, 2025 5:04


Political Editor Jo Moir spoke to Lisa Owen about the resignations of Reserve Bank head Adrian Orr and Air New Zealand CEO Greg Foran, as well as the sacking of UK High Commissioner Phil Goff.

When the Facts Change
Shock and Orr

When the Facts Change

Play Episode Listen Later Mar 6, 2025 36:42


Adrian Orr resigned as Reserve Bank Governor this week after 7 years in the job, but three years early, effective immediately and without explanation. Bernard Hickey talks in an emergency edition of When The Facts Change with NZ Initiative executive director Oliver Hartwich, an Orr critic, about his legacy and how his replacement should change the bank, and with Kiwibank chief economist Jarrod Kerr about Orr's operation of monetary policy. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Mike Hosking Breakfast
Mike's Minute: The Government's finally doing what they were voted to do

The Mike Hosking Breakfast

Play Episode Listen Later Mar 6, 2025 2:03 Transcription Available


Am I joining too many dots? I wonder aloud whether the Government and the Prime Minister, having had by any measure a very good week, has at last got the message that some action, as opposed to yak, might be what the punter wants a bit more of? There's been several solid health changes; more doctors already here to be parked at GP's, more nurses and scripts via tech when we want them. I mean, the idea that getting a script on the net at an hour that suits you really shouldn't be a thing, but it does show you how backward we have become. They are all practical, sensible, and politically beneficial. The exam concerns from principals that wanted less hard work and more free credits? That was dismissed as the minister hammers home the concept of hard work and not giving up. The big one was Adrian Orr gone. It was a sacking without a sacking and a result the Government wanted and needed. Then there was Phil Goff gone. Was it thinly veiled? Maybe. It was a stupid comment, if you didn't catch up on it, and a Commissioner's job is to represent the Government, and never more so than when you are dealing with a new, unpredictable America and walking a tight rope in the Pacific between China and the US. A couple of other minor ones - the Prime Minister's marmite sandwich line on this show. It was a nod to middle New Zealand who are fed up with elite moaners and elite media and their pile on over an issue that, in a convulsing world, is really embarrassing now. Secondly, and more importantly, health again with bowel cancer. The screening age has been has been dropped from 60-years-old to 58-years old. The money comes from the segregated Māori bowel screening programme. The message is this is one country, with one rule for everyone. Bowel cancer is not a race issue, it's a health issue. So by the time you put all that together on a Friday morning you have collected up a fairly substantial seven days, and the vast majority of it is positive, on the right side of the voter and gives the very clear indication that a week's worth of actual “doing” is vastly more appealing and productive than a week worth of announcing, or defending, or scrapping, or time wasting. Keep it up and the polls will show it's what the majority of people actually voted for. See omnystudio.com/listener for privacy information.

RNZ: Checkpoint
Adrian Orr resigns as head of Reserve Bank

RNZ: Checkpoint

Play Episode Listen Later Mar 5, 2025 1:58


Reserve Bank Board chair Neil Quigley said governor Adrian Orr has made a personal decision to step away and he has full confidence in him.

RNZ: Morning Report
Adrian Orr resigns mid-term as Reserve Bank Governor

RNZ: Morning Report

Play Episode Listen Later Mar 5, 2025 7:53


An economist says Adrian Orr's resignation as Reserve Bank Governor is unprecedented and raises questions about confidence in the bank's leadership. Infometrics principal economist Brad Olsen spoke to Corin Dann.

RNZ: Morning Report
Morning Report Essentials for Thursday 6 March 2025

RNZ: Morning Report

Play Episode Listen Later Mar 5, 2025 29:59


On today's episode, the trade war between the United States and Canada is in full swing and will have wide ranging consequences in both nations, the CIA has confirmed the United States has stopped sharing intelligence with Ukraine, an economist says Adrian Orr's resignation as Reserve Bank Governor is unprecedented and raises questions about confidence in the bank's leadership, government minister Simeon Brown appointed a prominent oil and gas lobbyist to an energy savings board against official advice, documents released to RNZ show, and the Black Caps are through to the Champions Trophy final after dismantling South Africa in Lahore.

The Mike Hosking Breakfast
Full Show Podcast: 06 March 2025

The Mike Hosking Breakfast

Play Episode Listen Later Mar 5, 2025 89:32 Transcription Available


On the Mike Hosking Breakfast Full Show Podcast for Thursday 6th of March, Reserve Bank Governor Adrian Orr has quit, so what is his legacy? And what's next for the Reserve Bank? We fact check the almost two hour long speech from Donald Trump to Congress yesterday. Kiwi chef Peter Gordon gives an insight into the current state of the restaurant industry - and tells us how to make a good meatball! Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Geof Mortlock: Former Reserve Bank Senior Staffer on Adrian Orr's resignation, performance as Governor

The Mike Hosking Breakfast

Play Episode Listen Later Mar 5, 2025 4:25 Transcription Available


A former Reserve Bank senior staffer ranks Adrien Orr as the least competent Reserve Bank Governor New Zealand's ever had. Orr's announced he's quitting two years into his second five year tenure. Geof Mortlock told Mike Hosking there's been many negative results from his monetary policies. He contends Orr has left New Zealand taxpayers with more than $10 billion of debt. His shock exit announcement yesterday comes as the bank is in the process of agreeing its funding increase for the next five years. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Mike's Minute: Adrian Orr leaving is excellent

The Mike Hosking Breakfast

Play Episode Listen Later Mar 5, 2025 2:03 Transcription Available


The fact Adrian Orr is leaving is excellent. It shows a level of accountability and responsibility for what has been a ruinous period for the New Zealand economy. The receipts and reviews are in, and the story is stark. We have been hit harder than any other country in the OECD. We had three recessions while most countries, as a result of the Covid plan, had none. Grant Robertson carries some blame for encouraging and endorsing Orr but, more dangerously, reappointing him so close to the last election. The new Government could have/should have sacked Orr, although that would have set a fairly disturbing precedent given the Governor is supposed to be neutral. Orr made the Governor's job a household fascination. Yes, Don Brash got well known, but really only when he went political. The others came and went. I might have interviewed Allan Bollard a couple of times. Before Spencer Russell, who you also never heard of, the job was called the Chief Cashier. Russell was your first Governor. Anyway, the upside of Covid and Orr was we at last took an interest. We had a view, and we know about cash rates and inflation and quantitative easing. But we learned the hard way. We paid an enormous price and are in fact still paying the price. Orr has years to run on his contract and clearly the pressure was on. The Government is currently negotiating a budget with the bank, and I assume they were twisting arms, hard, behind the scenes. By the way, the bank staffing numbers have ballooned. Orr has come across as haughty and arrogant, unable to really express any level of regret, if in fact he has any, for all the damage he has done. Giving banks money for free and not putting restrictions of where that money went was the height of incompetency. Still handing out money when we knew a lot of what we thought would happen during Covid didn't, was a scandal. The onerous banking restrictions he placed on the retailers with his “just in case” thinking was needlessly restrictive. The conclusion has to be that although everyone flew blind during Covid, no one flew more blind than us. And no one was led by a more ideologically driven, fiscal ransacker than Adrian Orr. See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
The Huddle: Why did Adrian Orr step down now?

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 5, 2025 6:30 Transcription Available


Tonight on The Huddle, Tim Wilson from the Maxim Institute and AUT chancellor Rob Campbell joined in on a discussion about the following issues of the day - and more! Reserve Bank Governor Adrian Orr stunned the country by announcing a shock resignation earlier today. What do we think caused this? Did he want to leave - or was he pushed out? Recycling bin inspectors will be fitted with body cameras in a bid to reduce abuse on the job. What do we make of this? LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Full Show Podcast: 05 March 2025

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 5, 2025 100:30 Transcription Available


On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday March 5 2025, Former Reserve Bank economist Michael Reddell joined Ryan Bridge to discuss Adrian Orr's shock resignation as Reserve Bank Governor. Trade Minister Todd McClay has also confirmed he's keeping a close eye on potential trade disruptions that could impact New Zealand as Trump's tariffs kick in. Former ACT leader Richard Prebble also unpacked the combination of factors that led to him stepping down from the Waitangi Tribunal. Plus, The Huddle wonders if body cameras for bin inspectors will do more harm than good. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Michael Reddell: former Reserve Bank economist on Adrian Orr's surprise resignation as Governor

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 5, 2025 3:03 Transcription Available


There's surprise among economists and industry experts after Reserve Bank Governor Adrian Orr abruptly resigned today. Orr was almost halfway through his second five-year term. Former Reserve Bank economist Michael Reddell says no one's received an adequate explanation as to why Orr chose to depart today - and it's not good enough. "Maybe he really is just exhausted - but still, you don't just walk out on the same day, on the eve of a really big conference being hosted tomorrow." LISTEN ABOVE See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Barry Soper: ZB senior political correspondent on Adrian Orr's sudden resignation as Reserve Bank Governor

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 5, 2025 5:45 Transcription Available


Today's surprise resignation by Reserve Bank Governor Adrian Orr has left experts with plenty of questions. Neither the Prime Minister nor Finance Minister are giving any details of why the most powerful, non-elected person in Government has abruptly quit. Not only have Nicola Willis and Chris Luxon gone to ground - the Reserve Bank will not answer media questions about the departure. ZB senior political correspondent Barry Soper suspects Adrian Orr may have found other opportunities elsewhere - and aimed to leave while the economy was recovering. LISTEN ABOVESee omnystudio.com/listener for privacy information.

RNZ: Morning Report
Reserve Bank governor on OCR cut

RNZ: Morning Report

Play Episode Listen Later Feb 19, 2025 3:14


The Reserve Bank is dangling the prospect of three more cuts to the official cash rate to around 3 percent by the end of the year. Reserve bank governor Adrian Orr spoke to business editor Gyles Beckford.

The Mike Hosking Breakfast
Adrian Orr: Reserve Bank Governor on the OCR cut, need for banks to cut rates

The Mike Hosking Breakfast

Play Episode Listen Later Feb 19, 2025 8:23 Transcription Available


Pressure is mounting on banks to pass OCR cuts onto their customers. The Reserve Bank's signalling yesterday's double cut to the cash rate will be followed by at least two more single cuts. All major banks have started dropping their rates. But Governor Adrian Orr told Mike Hosking they need to go further. He says they need to be doing better, looking at their own margins, and chasing and competing for customers much more vigorously. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Full Show Podcast: 20 February 2025

The Mike Hosking Breakfast

Play Episode Listen Later Feb 19, 2025 90:14 Transcription Available


On the Mike Hosking Breakfast Full Show Podcast for Thursday the 20th of February, Winston Peters says we need a reset in our relationship with the Cook Islands. Reserve Bank Governor Adrian Orr joined to talk our future plans after they cut the OCR by 50 basis points. One of our most successful entrepreneurs Rowan Simpson has some ideas about how to turn this country around, and it's all laid out in his new book ‘How to be Wrong'. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.