Wednesday, 03 August 2022 10:53

What a sap!

Written by The Hound

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OPINION: This old mutt reckons with inflation at 30-year highs and interest rates on an endless upward trajectory, Reserve Bank Governor Adrian Orr would be singularly focused on tackling these issues.

However, Orr recently delivered a speech to fellow central bankers around the world explaining why the bank has "embraces a Māori world view".

He told fellow world bankers that the NZ Reserve Bank actively looked to, "harness the knowledge of both post-colonial society and te ao Māori to establish and maintain a long-term vision in all that it did".

Orr then said the bank has adopted the legend of Tane Mahuta, the god of the forests and birds, "as a framework to describe the purpose and interconnectedness of the bank's work".

It is hard not to disagree with Act leader David Seymour who said such a speech, amid a cost-of-living crisis, was "verging on self-parody".

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