1 00:00:00,080 --> 00:00:02,240 Speaker 1: Hardly a surprise, really, was it. Adrian looks at what 2 00:00:02,360 --> 00:00:04,240 Speaker 1: Nichol is offering to run the place, packs a sad 3 00:00:04,240 --> 00:00:06,840 Speaker 1: and he's off. It's a pathetic end to a tumultuous 4 00:00:06,840 --> 00:00:08,760 Speaker 1: period in which we, the people who paid them, deserve 5 00:00:08,800 --> 00:00:11,280 Speaker 1: an awful lot better. The fact this information on the 6 00:00:11,320 --> 00:00:13,440 Speaker 1: your resignation had to be dragged out of the bank 7 00:00:13,440 --> 00:00:16,040 Speaker 1: by way of the Official Information Act, the rules which 8 00:00:16,040 --> 00:00:18,560 Speaker 1: were ignored as the bank failed to meet deadlines, shows 9 00:00:18,600 --> 00:00:21,160 Speaker 1: you just what sort of place we're dealing with. How 10 00:00:21,160 --> 00:00:23,400 Speaker 1: do you conduct yourself? And how you conduct yourself is 11 00:00:23,440 --> 00:00:26,360 Speaker 1: of course critical, It's critical for all of us, even 12 00:00:26,400 --> 00:00:28,440 Speaker 1: more critical the further up the totem pole. You are 13 00:00:28,640 --> 00:00:31,440 Speaker 1: nothing wrong with Adrian quitting if he genuinely believed the 14 00:00:31,440 --> 00:00:33,639 Speaker 1: money being offered to run the bank wasn't enough. But 15 00:00:33,680 --> 00:00:36,920 Speaker 1: you'd do it with some dignity. You quit, you serve 16 00:00:36,960 --> 00:00:39,839 Speaker 1: out your period, you offer reasons for you quitting, and 17 00:00:39,880 --> 00:00:41,760 Speaker 1: you move on with life. And doing it that way, 18 00:00:42,600 --> 00:00:44,280 Speaker 1: you give us all an insight into what sort of 19 00:00:44,360 --> 00:00:46,279 Speaker 1: human being you are, and in this case you might 20 00:00:46,320 --> 00:00:48,000 Speaker 1: well have been able to give us an insight into 21 00:00:48,240 --> 00:00:51,240 Speaker 1: how your organization runs, what it's thinking is what is 22 00:00:51,280 --> 00:00:53,640 Speaker 1: the gap between the bank and the government. What you well, 23 00:00:53,680 --> 00:00:56,120 Speaker 1: why you might be right, why they might be wrong, 24 00:00:56,320 --> 00:00:58,400 Speaker 1: doesn't have to turn into a scrap or fall out, 25 00:00:58,440 --> 00:01:00,320 Speaker 1: just a series of bad old ideas as to why 26 00:01:00,360 --> 00:01:03,040 Speaker 1: people might see things at odds with each other. If 27 00:01:03,080 --> 00:01:05,880 Speaker 1: COVID taught us nothing else, it taught us the critical 28 00:01:05,920 --> 00:01:07,440 Speaker 1: role of a central bank and what sort of people 29 00:01:07,520 --> 00:01:10,040 Speaker 1: run it the way Adrian ran It is well documented, 30 00:01:10,040 --> 00:01:11,920 Speaker 1: of course, in the general view held by many as 31 00:01:11,959 --> 00:01:15,560 Speaker 1: widely traversed. But the sudden departure was another insight, and 32 00:01:15,680 --> 00:01:18,440 Speaker 1: why Adrian did things the way he did. He's petulant. 33 00:01:18,600 --> 00:01:20,440 Speaker 1: You don't leave out of the blue like that, and 34 00:01:20,560 --> 00:01:23,600 Speaker 1: in silence. You don't bail on hosting an international finance 35 00:01:23,640 --> 00:01:26,080 Speaker 1: conference having said you were looking forward to it. It's 36 00:01:26,120 --> 00:01:28,640 Speaker 1: toys and sand pits, isn't it? With Adrian? And then 37 00:01:28,680 --> 00:01:32,039 Speaker 1: offuscation from the bank when a few simple questions were asked. 38 00:01:32,080 --> 00:01:35,679 Speaker 1: If you can't conduct yourself and the bank can't conduct 39 00:01:35,760 --> 00:01:40,600 Speaker 1: itself with any great level of clarity, transparency, transparency and professionalism, 40 00:01:40,959 --> 00:01:42,920 Speaker 1: is it any wonder the economy got run over the 41 00:01:42,920 --> 00:01:45,319 Speaker 1: way it did. He won't be missed, Old Adrian but 42 00:01:45,400 --> 00:01:48,360 Speaker 1: you would have hoped for something a bit more sophisticated 43 00:01:48,520 --> 00:01:51,840 Speaker 1: on the way out. For more from the Mic Asking Breakfast, 44 00:01:52,000 --> 00:01:55,320 Speaker 1: listen live to news talks. It'd be from six am weekdays, 45 00:01:55,560 --> 00:01:57,600 Speaker 1: or follow the podcast on iHeartRadio.