The reappointment of Reserve Bank Governor Adrian Orr has not gone down well with National and ACT.

National say the party is appalled, and ACT says it shows the low standards that Labour sets for New Zealand.

BusinessDesk managing editor Pattrick Smellie addresses the backlash and points out that Grant Robertson was in a no-win situation when it came to making this reappointment in the current climate.

LISTEN ABOVE

• Adrian Orr gets reappointed as Reserve Bank Governor, National doesn't approve
• Former Reserve Bank senior staffer is 'appalled' about Adrian Orr getting another term
• Reserve Bank Governor Adrian Orr given another five-year term