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Critic Unmoved as Reserve Bank Faces Transparency Crisis

11/5/2025

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Story summary
  • Reddell, a critic of the Reserve Bank, will not amend his article on Orr's resignation and will publish a New Zealand summary of Orr's departure in March.
  • Reddell's blog revealed transparency issues at the Reserve Bank, prompting an Ombudsman inquiry.
  • The Reserve Bank board faced concerns about Orr's conduct and trust, prompting Nicola Willis to call for chair's resignation.
  • Despite a disparagement agreement, Reddell continues to critique Reserve Bank policies.