Michael Reddell
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michaelreddell.bsky.social
Michael Reddell
@michaelreddell.bsky.social
60 followers 25 following 3 posts
New Zealand economist and commentator, with a focus on macroeconomics and financial regulation.
By grace, a disciple of Christ
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michaelreddell.bsky.social
Six weeks on we are no closer to having a decent explanation of Adrian Orr's sudden and accelerated departure as RB Governor

croakingcassandra.com/2025/04/14/w...
What was the story re Orr’s resignation?
It is almost six weeks since the shock announcement early on the afternoon of Wednesday 5 March that the Governor of the Reserve Bank, Adrian Orr, was resigning effective 31 March, and that in fact…
croakingcassandra.com
April 14, 2025 at 12:51 AM
michaelreddell.bsky.social
Adrian Orr's TVNZ interview was all too familiar: playing fast & loose with the facts, conjuring stories from thin air, moving on to play politics championing more debt & public spending.

He appears at FEC this afternoon. It could ask searching questions.

croakingcassandra.com/2024/12/04/m...
More outright dishonesty from Orr
The Reserve Bank Governor has given an interview to TVNZ’s Katie Bradford, apparently done under the aegis of the Q&A show but too late in the year to actually be broadcast on Q&A its…
croakingcassandra.com
December 3, 2024 at 10:56 PM
michaelreddell.bsky.social
A couple of months ago the govt rushed out free price/liquidity insurance for big residential property developers. OIAed information suggests no input at from the Ministry for Regulation and disconcerting enthusiasm for the general idea from The Treasury

croakingcassandra.com/2024/12/03/w...
Where were the central agencies?
Back in early October I wrote a post “Public policy just keeps on worsening”, on the then newly-announced Residential Development Underwrite scheme, under which the government will prov…
croakingcassandra.com
December 2, 2024 at 8:41 PM