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 ABOVE

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 ABOVE

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

Thomas Coughlan: NZ Herald political editor on the new documents revealing why Adrian Orr resigned as Reserve Bank Governor

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d14a9909-d589-4524-a67a-b2f9005b66c9/transcript