The COVID pandemic: challenges and opportunities facing central banks

Presented by ANU College of Business & Economics

By most public health measures, Australia and New Zealand have had relatively very successful responses to the ongoing COVID-19 pandemic. The Reserve Bank of Australia has noted that, “[t]he COVID-19 pandemic is primarily a public health issue, but it is also having a major impact on the economy and the financial system…. The primary response to the virus is to manage the health of the population, but other arms of policy, including monetary policy, play an important role in reducing the economic and financial disruption resulting from the virus.” (https://www.rba.gov.au/covid-19/). In this talk the Governor of the New Zealand central bank will provide some insights into how the RBNZ has perceived and played this important role in New Zealand’s response to the pandemic.
Bio
Adrian Orr
Governor
Adrian Orr was appointed Governor of the Reserve Bank of New Zealand in March 2018.

Previously, Adrian was Chief Executive Officer at the New Zealand Superannuation Fund. During his time there he won many awards including the Deloitte IPANZ Improving Performance through Leadership Excellence award in 2016, and Asian Investor’s Individual Contribution to Institutional Investment Award in 2017.

Prior to that he was Deputy Governor and Head of Financial Stability for the Reserve Bank. Adrian has also held the positions of Chief Economist at Westpac Banking Corporation, Chief Manager of the Economics Department at the Reserve Bank and Chief Economist at The National Bank of New Zealand. He has also worked at the New Zealand Treasury; and the OECD, based in Paris.

Adrian graduated from the University of Waikato in 1983 with a Bachelor of Social Sciences, majoring in Economics and Geography. He also has a Master of Development Economics from the University of Leicester, England, graduating with distinction in 1985.

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