Taxpayers' Union: Adrian Orr Rewarded for Driving Up Inflation
November 8, 2022
The Taxpayers’ Union has condemned the Government’s decision to reappoint Adrian Orr for another five-year term as Reserve Bank Governor despite having failed to keep inflation under control.
Taxpayers’ Union Campaigns Manager, Callum Purves, said:
“It is shocking that the Government thinks it appropriate to reappoint Adrian Orr for another five-year term. He has singularly failed in his objective to keep inflation between 1 and 3%. 7% inflation is costing New Zealand families dear. While inflation caused by international factors may have peaked, domestic causes continues to rise.