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Speaker 1: Rail for Adrian Or has gone from the Reserve Bank.

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Speaker 1: Last day will be March thirty first. From April first,

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Speaker 1: the Finance Minister's going to appoint somebody on a temporary

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Speaker 1: basis up to six months.

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Speaker 2: Now.

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Speaker 1: The Reserve Bank Board chair Neil Quigley has just given

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Speaker 1: a media stand up. Have a listen.

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Speaker 3: I have confidence in Adrian. Yes, he and I have

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Speaker 3: been through a lot in my time as Ford Chair

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Speaker 3: and his time as governor.

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Speaker 1: Three years left on his term. Question is why now?

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Speaker 1: Michael Riddell's former Reserve Bank economist Michael good evening to you,

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Speaker 1: Good Evening. What do you think he is? Why now?

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Speaker 1: Do you think.

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Speaker 2: It's really extraordinary? I don't think anyone has a compelling explanation.

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Speaker 2: I mean, if it was just that he studied, done

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Speaker 2: the job and he was getting tired, you give three

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Speaker 2: months notice and you say, look, I'll go after the

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Speaker 2: nitary policy statement. Instead, he's out today, We've got an

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Speaker 2: acting governor filling in and they say a proper temporary

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Speaker 2: one from the first of April. There have been suggestions

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Speaker 2: that maybe there's some sort of behavioral issues, although those

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Speaker 2: comments from real quickly cast out on that the Finance

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Speaker 2: minister last week was just in the budget was going

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Speaker 2: to be cut. But I mean every public sector CEO

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Speaker 2: Wilmington's had to live with budget cuts. So you know,

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Speaker 2: we just haven't got adequate explanations and frankly it's not

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Speaker 2: good enough from either Quickly or the minister or Adrian himself,

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Speaker 2: powerful public figure.

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Speaker 1: Do you think he's got a new job?

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Speaker 2: No, I don't. I mean, I think if that with

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Speaker 2: the case, they would have indicated it quite clearly out

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Speaker 2: twenty five years Don Brash resigned to join politics. He

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Speaker 2: was opening upfront about that. He was out within the hour.

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Speaker 2: Everyone understood the reasons why. It's got to be something

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Speaker 2: more than that. Maybe he is really just exhausted, but

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Speaker 2: you still don't just walk out on the same day,

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Speaker 2: on the eve of a really big conference they're hosting tomorrow.

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Speaker 2: They've got Ben Bananke speaking at it. The Governor may

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Speaker 2: not even be there.

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Speaker 1: Michael, thank you for that. Michael Ridell, former Reserve Bank economists.

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Speaker 1: Time is thirteen minutes after five.

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Speaker 2: Ryan read.

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Speaker 1: Fascinating, isn't it? Nine two nine two? The number of

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Speaker 1: text everybody's got a theory. You can imagine when it

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Speaker 1: comes to Adrian or really interesting stuff coming out today

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Speaker 1: from Richard Preeble why he's resigned from the White Tonguy Tribunal,

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Speaker 1: and he says it's to do with the manifesto that

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Speaker 1: he calls socialist. This is the directive on how they

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Speaker 1: know their doctrine, on how they run themselves. He says,

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Speaker 1: it's a socialist manifesto. He's on the show after five

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Speaker 1: point thirty seven. Ask him about that. And you know

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Speaker 1: those astronauts that went to space, the Butch Wilma and

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Speaker 1: Sonny Williams, and they were meant to be there for

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Speaker 1: a week and they have now been there for almost

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Speaker 1: a year because something broke down, there was some kind

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Speaker 1: of issue. We turns out they're coming home. It's a Houston,

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Speaker 1: We're coming home moment for them, stuck up there for

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Speaker 1: far too long since June last year, it was, And

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Speaker 1: they're coming home. Next week their replacements will arrive, and

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Speaker 1: then a month after that they're allowed to come home.

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Speaker 1: So they'll be very happy with that, as you can imagine.

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Speaker 1: And replacing them, interestingly, is that one Russian and one

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Speaker 1: American astronaut who will be up there together. I'm sure

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Speaker 1: getting along like a house on fire.

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