ADRIAN ORR our NEW RBNZ GOVERNOR

[Aaron]

The RBNZ board support Adrian's reappointment, surprise, surprise.

https://www.nzherald.co.nz/business/...LWHOVECCPNCTI/

They mention a lot of the things they have achieved under Adrian like a timely review of money creation programmes but they fail to note that the mandate for the RBNZ is "price stability" and whether Adrian and the board have achieved this. They have not.

They have not and are failing terribly. The board is new so I guess we need to give them some time but if they are unable to achieve what the reserve bank act asks of them they should be sacked along with Adrian Orr. My concern is they are a bunch of "world improvers" with no idea what they are supposed to be doing at the RBNZ.

The headline also reads "RBNZ Board assures Robertson Orr will promote a ‘safe environment for debate’"

This is probably true as the large turnover of staff means anyone with a differing view has already left.