{"id":30004,"date":"2025-09-18T17:46:12","date_gmt":"2025-09-18T17:46:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/30004\/"},"modified":"2025-09-18T17:46:12","modified_gmt":"2025-09-18T17:46:12","slug":"agribusiness-executive-hayley-gourley-appointed-to-the-reserve-banks-monetary-policy-committee","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/30004\/","title":{"rendered":"Agribusiness executive Hayley Gourley appointed to the Reserve Bank\u2019s Monetary Policy Committee"},"content":{"rendered":"<p class=\"kqzEwDUUT\" style=\"display:none\">\u201cHayley Gourley brings extensive experience across corporate, rural, and financial services sectors to the role,\u201d Willis said.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">\u201cHer roles at both board and executive level in leading agribusinesses provide her with a unique perspective that will enhance the committee\u2019s discussions.\u201d<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">The Monetary Policy Committee lost its agri expert, Caroline Saunders, when her term expired last year.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Its internal members (who work fulltime at the Reserve Bank) include interim governor Christian Hawkesby, chief economist Paul Conway and assistant governor Karen Silk.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Hawkesby has international central banking experience and helped found Harbour Asset Management, Conway has done a lot of research into productivity and Silk has experience in banking.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Gourley will join Prasanna Gai \u2013 a professor of macroeconomics at the University of Auckland, and Carl Hansen \u2013 who has expertise in the electricity market, as external members.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Gourley has a Master of Science in Agricultural Economics from the University of London\/Imperial College and attended the London Business School under the Rabobank senior leadership programme. She has a Bachelor of Applied Economics, Agricultural Economics, from Massey University.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Willis is soon due to announce who will be appointed governor for a full term, following Adrian Orr\u2019s abrupt resignation in March.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Hawkesby and Gai are understood to be among those in the running. <\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Labour leader Chris Hipkins said he was consulted with on a proposed candidate on August 18, when Neil Quigley was still chairman of the board that would have made a recommendation to Willis for who it believed should be governor.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Quigley <a href=\"https:\/\/www.nzherald.co.nz\/nz\/politics\/neil-quigley-resigns-as-reserve-bank-chairman\/AURRXPHYKVHY3CINPV2CVFQBIQ\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/nz\/politics\/neil-quigley-resigns-as-reserve-bank-chairman\/AURRXPHYKVHY3CINPV2CVFQBIQ\/\">resigned<\/a> last month after Willis expressed her dissatisfaction to him over the board\u2019s handling of Orr\u2019s departure.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Reserve Bank deputy chairman Rodger Finlay said Gourley was a \u201chighly qualified candidate\u201d.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Hawkesby welcomed Gourley to the committee and thanked Buckle for his service.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">\u201cThe Monetary Policy Committee remains laser-focused on its job to control inflation and Hayley will play an important part in our discussions,\u201d Hawkesby said.<\/p>\n<p class=\"kqzEwDUUT\" style=\"display:none\">Jen\u00e9e Tibshraeny is the Herald\u2019s Wellington business editor, based in the parliamentary press gallery. She specialises in government and Reserve Bank policymaking, economics and banking.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cHayley Gourley brings extensive experience across corporate, rural, and financial services sectors to the role,\u201d Willis said. \u201cHer&hellip;\n","protected":false},"author":2,"featured_media":30005,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[17394,17623,1396,138,8908,29136,3938,246,29134,29133,1943,29137,6722,29135,111,139,20484,69,7254,10665,15388,223,61,5977,792],"class_list":["post-30004","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-agribusiness","tag-appointed","tag-banks","tag-business","tag-check","tag-committee","tag-executive","tag-finance","tag-gourley","tag-hayley","tag-inflation","tag-keeping","tag-minister","tag-monetary","tag-new-zealand","tag-newzealand","tag-nicola","tag-nz","tag-policy","tag-reserve","tag-responsible","tag-the","tag-to","tag-which","tag-willis"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/30004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=30004"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/30004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/30005"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=30004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=30004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=30004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}