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30 Aug 2025 16:14
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      Home > News > Politics

    Hopes the Reserve Bank Chair's decision to step down will put an end to the debacle surrounding the former Governor's resignation

    Hopes the Reserve Bank Chair's decision to step down will put an end to the debacle surrounding the former Governor's resignation


    Neil Quigley resigned yesterday, with immediate effect.

    It follows Finance Minister Nicola Willis' transparency concerns over former Governor Adrian Orr's decision to leave.

    Infometrics Principal Economist Brad Olsen says this should provide important closure, and restore some trust.

    Olsen says the public were fed one story before the truth came out, and given the Minister's lack of confidence he was either going to have to resign or be fired.

    © 2025 Newstalk ZB, NZCity

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     30 Aug: Meridian and Nova Energy have finalised a joint venture for a solar farm near Taupo - set to be one of the largest in New Zealand
     30 Aug: The Electoral Commission's gearing up for an increase in voting this weekend, in the Tamaki Makaurau by-election
     29 Aug: Reserve Bank Chair Neil Quigley has resigned
     29 Aug: The Ministry of Education is warning schools not to open any threatening emails
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     Today's News

    		 Tennis:
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    Confidence in our economy may have slipped amongst some smaller businesses - but their commitment to the country remains 15:27

     Environment:
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    They couldn't bank the crucial two points last night but the glass is half full for New Zealand Warriors boss Cameron George 15:17

     International:
    King Charles, Prince William and the royals' love-hate relationship with Buckingham Palace 15:17

     Rugby:
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     Tennis:
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     International:
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     Entertainment:
    Nick and Vanessa Lachey always try to present a "united" front to their children 13:46

     International:
    Journalists in Gaza say they feel their lives are 'worth nothing' 13:17

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