Articles tagged RBNZ

Updated

Adrian Orr worked as a truck driver in his youth growing up among Polynesian families in Taupo and squatted in council flats in London as a student. He's now set to be a fresh type of Reserve Bank Governor. Bernard Hickey reports.

Finance Minister Grant Robertson has accepted a recommendation from the Reserve Bank board that current New Zealand Superannuation Fund Chief Executive Adrian Orr become the next Governor of the Bank when acting Governor Grant Spencer retires at the end of March.

The Reserve Bank has announced it will slightly relax its Loan to Value Restrictions (LVRs) on owner occupiers and rental property investors from January 1 because of a moderation in house price inflation.