The New Zealand Taxpayers’ Union is calling out the Reserve Bank of New Zealand for more than quadrupling its Auckland lease costs under former Governor Adrian Orr’s 10-year Britomart lease.
Taxpayers’ Union Investigations Coordinator Rhys Hurley said:
“Even after he’s gone, Taxpayers are once again forced to underwrite Orr’s empire-building at the Reserve Bank."
“6-figure golden handshakes, two and a half times more staff than 2018, and a $14.5 million fit-out for a half-empty luxury office in Auckland are just part of the former Governor’s legacy of waste.”
“The Reserve Bank has been the poster-child for government waste over the last seven years. Hopefully the incoming Governor can learn from her predecessor’s mistakes.”
$56 million price tag for half-full Reserve Bank office
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