Daily review 08/09/2025

10 comments on “Daily review 08/09/2025”

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  1. 1

    RB saga takes new twist: https://thespinoff.co.nz/politics/05-09-2025/the-missing-links-in-the-reserve-bank-saga

    A Spinoff attempt to parse the saga, drawing on official information releases, reporting by a range of media and conversations with those involved, has identified a number of previously undisclosed events, including a pivotal extraordinary board meeting on February 14 – less than three weeks before the announcement of Orr’s resignation.

    Willis told the Spinoff yesterday via a spokesperson that she had not been made aware of the February 14 special board meeting. Of the minutes, she added: “My office has asked the Reserve Bank why they were not provided in response to previous Official Information Act requests. The bank has advised that the minutes of five board meetings were overlooked when responding to OIA requests. Obviously, that is completely unacceptable and underscores the importance of the Bank urgently reviewing the way it responds to public information requests.”

    You can see the logic used by the RB employee: near enough is good enough. The training of bankers is cloaked in mystique that goes back to the Templars, so expecting any staffer to make a lunge for credibility is totally unreasonable. So what if 5 weren't accounted for? Do people seriously expect bankers to get totals right?? Willis didn't call for the RB to suddenly become competent – that would be too high a standard for Nat/Lab politicians to feel comfortable with – she just suggested an urgent review of the style of the RB's response to "public information requests".

    Could be their lackadaisical style is deliberately designed to suit the current govt's managing of the economy though, in which case consistency is the operating principle. The review may find the model of `pin the tail on the donkey' familiar to youngsters at birthday parties is appropriate: due to the blind-fold, taking a stab in the dark is the right way of doing it, blindness being the classic Nat/Lab view of the real world. All good…

    1. 1.1

      – that would be too high a standard for Nat/Lab politicians…

      … blindness being the classic Nat/Lab view of the real world.

      laugh Bloody Hell Dennis! I had no idea "Lab politicians" shared responsibility for this "Reserve Bank saga". Are the Greens culpable as well?

      Adrian Orr Was Pushed By Neil Quigley – Nicola Willis Knew
      [Mountain Tui; 29 Aug 2025]
      Quigley, the RBNZ Board etc. all appeared to take part in this explosive cover up. So did our Finance Minister. Part 1 of 2

      Nicky No Boats – ‘governing’ for the sorted, and laughing all the way to the bank frown

    1. 3.1

      Piopio north on Mairoa Road, then Waipuna Road to Te Anga Road.

      Marakopa inland to Waitomo Caves via Te Anga.

      Te Anga Road on Google Maps.

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