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Adrian Orr resigned as Reserve Bank governor over funding dispute

NZ HeraldStuff1NewsRNZThe PressWednesday 11 June 2025 · 5 outlets · 7 reports · updated

In this story Nicola Willis, Reserve Bank of New Zealand, Adrian Orr, Neil Quigley

Photo: NZ Herald (opens in new tab)

Documents released under the Official Information Act reveal Adrian Orr resigned abruptly in March following a disagreement over central bank funding. Orr reportedly found the dispute distressing and believed the proposed budget made his role unviable. The disagreement involved the bank's board and Finance Minister Nicola Willis.

How they headlined it

First reported by NZ Herald, Wed 11 Jun 2025, 11:16am · 7 reports from 5 outlets over 6 hours
  1. NZ HeraldNZ Herald

    Reserve Bank reveals Adrian Orr resigned as Governor over ‘distressing’ funding disagreement (opens in new tab)

  2. StuffStuff

    Adrian Orr resigned over funding disagreement (opens in new tab)

  3. 1News1News

    Revealed: Why Reserve Bank governor Adrian Orr suddenly quit (opens in new tab)

  4. RNZRNZ

    Documents reveal why Adrian Orr suddenly quit as Reserve Bank Governor (opens in new tab)

  5. The PressThe Press via The Post

    Orr omnishambles redux: The ‘personal decision’ that wasn’t really personal (opens in new tab)