fbpx
Print this page
Wednesday, 06 November 2024 12:55

Leaky waka

Written by  The Hound
Leaky waka

OPINION: Was the ASB Economic Weekly throwing shade on Reserve Bank governor Adrian Orr when reporting on his speech in Washington recently?

Certainly, the speech warranted some lampooning, with Orr waxing lyrical about the great voyages of NZ's Polynesian ancestors being similar to the journey of central bankers during uncertain times.

Carrying on Orr's waka analogy, the Economic Weekly notes, "he didn't seem worried bout spending three months in a leaky boat between the November and February OCR decisions".

As the Weekly report says, Orr warned that people tended to put too much stock in the RBNZ's "central projection" and not enough in "the storytelling around uncertainties and risks detailed in the full statements".

This waffle is reminiscent of when Orr compared the Reserve Bank to a Kauri tree, and is a hallmark of the widely criticised governor.

More like this

True Reflection?

True Reflection?

A fair question has been raised about how member-funded organisations should conduct themselves when taking a public position on any given issue.

Stuffed!

Stuffed!

The canine crusader always has his nose in the air for more media maleficence, so was pointing as soon as he saw the Stuff headline: ‘Wellington residents respond to PM saying he doesn’t need his job!’.

Civil Circus!

OPINION: It really is getting harder to lampoon government bureaucrats when they do such a good job of it themselves.

Anyone in the primary sector will know about the clowns covering the countryside in the red tape we all have to wade through.

Spare a thought then for media outfit Stuff who were threatened with fines up to $200,000 by a snivelling civil servant from the MoH for illustrating a quiz question with a photo of part of the cover of a 45-year-old copy Playboy.

As Stuff notes, “It wasn’t the Playboy cover which caused offence. No, it was the back page which… featured an advert for a cigarette brand”.

As Regulations Minister David Seymour notes, “The real scandal here is, well, no wonder we’ve got problems in healthcare when they’re doing the Stuff quiz during work time.”

Ewe Zealand First

OPINION: After all the criticism that Winston Peters leveled at the India/NZ FTA, it seemed just a trifle ironic to the Hound that the first NZ politician to visit India after Prime Minister Modi's visit was a member of the Ewe Zealand First party.

Wrong focus

OPINION: Your old mate reckons townie Brooke van Velden, the Minister of Workplace (or is it Woke Place) Relations is now showing how underemployed she is as a minister by initiating an investigation into whether young children should be banned from collecting eggs on farms and feeding animals.

Popular Reads

Featured

RSE Scheme Changes Coming - McClay

RSE Scheme Changes Coming - McClay

Agriculture Minister Todd McClay has admitted that a scheme bringing workers from Pacific nations to work on orchards has become too hard to navigate but says changes are coming.

Andy Macfarlane Joins AgriZeroNZ Board

Canterbury farmer Andy Macfarlane has been appointed to the board of AgriZeroNZ, the public-private partnership designed to accelerate the development and deployment of emissions reduction tools for New Zealand farmers.

National

Machinery & Products