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The reappointment of Adrian Orr as Reserve Bank Governor for another five years has prompted political outrage, with the opposition demanding evidence he deserves a second term.
The central bank has been under scrutiny for its actions in recent years, and whether that's contributed to bank profits and the cost of living crisis.
The Finance Minister fully backs Mr Orr, saying now is the time for continuity and stability. But National wants an independent review, pledging to trigger one if elected next year.
Here's our political editor, Jane Patterson. |
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