RBNZ’s Orr says ‘Te Ao Māori strategy’ is boosting inclusion – Central Banking

Te Ao Māori, or the Māori world view, is increasingly shaping the work of the Reserve Bank of New Zealand, helping it address long-neglected issues of financial inclusion, Adrian Orr said on June 13.

The RBNZ governor admitted the central bank had been “late to investigating the issues”, in remarks to Central Banking’s Summer Meetings. But the RBNZ – Te Pūtea Matua in the Māori language – is now integrating many aspects of Māori culture into its work. This, Orr argued, is creating opportunities