
UNCLASSIFIED
02
October
2025 ref:
OIA2526_67
Jack Gallagher
By email: [FYI request #32225 email]
Dear Jack
Information relating to Workforce Modelling
Thank you for your 04 September 2025 request under the Official Information Act 1982 (OIA), for:
1. Background documents and analysis that informed the workforce
numbers referenced in Governor Adrian Orr’s email to the Executive
Leadership Team on 5 February 2025 (specifically, the figures of 742, 640
and approximately 585 staff).
2. Any internal modelling, calculations, spreadsheets, or scenario analysis
produced between 1 January and 10 February 2025 that relate to
projected staffing levels under the draft 2025–2030 Five-Year Funding
Agreement.
3. Internal communications (including emails and briefing notes) between
members of the Executive Leadership Team, Finance & Commercial
Operations, and People & Culture teams that discuss or refer to
projected headcount or workforce reductions in the period 1 January to
10 February 2025.
We are writing to you to inform you that we need to extend the timeframe to respond to this
request for 40 working days under section 15A(1)(b) of the OIA. The extension is required as the
consultations that are necessary to make a decision on your request are such that a proper
response cannot reasonably be made within the original time limit. We hope to provide you with a
response as soon as possible, and no later than 28 November 2025.
We encourage you to raise any concerns you have about this response with the Reserve Bank of
New Zealand – Te Pūtea Matua directly. Alternatively, you have the right to seek an investigation
and review of this response from the Office of the Ombudsman. Further information about how to
make a complaint is publicly available, at www.ombudsman.parliament.nz or freephone 0800 802
602.
Yours sincerely
Government Relations
Reserve Bank of New Zealand – Te Pūtea Matua
Ref #22696461 v1.1
UNCLASSIFIED