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 

There's surprise among economists and industry experts after Reserve Bank Governor Adrian Orr abruptly resigned today. &nbsp;
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&nbsp;

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Michael Reddell: former Reserve Bank economist on Adrian Orr's surprise resignation as Governor

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/21fcb31e-3d47-4238-8277-b297004a47d7/transcript