May 2017 Positive Money New Zealand issued a press release seeking clarity from the Reserve Bank on how our money is created.  They still refer to intermediation by the banks, which is not how our banking system works.

5th November 2016 An article in The Guardian newspaper in England argued that abolishing debt-based currency holds the secret to getting our system off its addiction to growth.

5th September 2016 KPMG released a report, commissioned by the Prime Minister of Iceland, titled "Money Issuance" The report looked at money created by the Government.

28 March 2016 Bryan Gould has agreed to be the Patron for Positive Money New Zealand.

Bryan is a respected commentator on economic matters, an author, academic and Companion of the New Zealand Order of Merit.

31 October 2015 A monetary reform group in Switzerland has enough signatures for a referendum on who creates their money supply.

14 October 2015 The Finance Commission of the Dutch parliament discussed monetary reform.

31 March 2015. The Telegraph in London reports on the Icelandic governments plan to have their central bank issue their money supply and calls it a radical plan.

22 November. The British parliament debated money creation last week, for the first time in 170 years. There was cross-party support for a proposal to set up a monetary commission

23 September. A new generation of young people, dubbed ''property orphans'' may be destined to be renters for life.

17 September. The Bank of International Settlements (BIS), the bank used by central banks, confirmed New Zealand houses are among the most "unaffordable" in the world compared to people's incomes.

6 September. Bruce Bisset of Hawkes Bay today reveals the true story behind the so called Rock Star economy.

25th April 2014 "Strip private banks of their power to create money”: says the Financial Times’ chief economics commentator Martin Wolf, who endorses Positive Money’s proposals for reform

15th March 2014 - In a historic move The Bank of England quarterly bulletin explains how money is created. Whenever a bank makes a loan, it creates a deposit in the borrower’s bank account, thereby creating new money. The bank says that this differs from the story found in some economics textbooks.

16th August 2013. The retiring head of the Financial Markets Authority apologised for the mistakes made saying “You were let down”.


Henry Ford“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.”

Henry Ford, founder of the Ford Motor Company.

Contact Us

Positive Money NZ

Address details


Don Richards

11 Muriwai Drive, Whakatane 3120.

Phone: 07 307 9366

Mobile: 0274 778 147

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Auckland spokespeople

Cliff Hall

11 Eleanor Place,

Blockhouse Bay

Auckland 0600

Phone: 09 627 4352

Mobile: 027 207 3133


Raj Golta

31 Halsey Drive


Auckland 1042

Mobile: 021 213 3416


Waikato / Bay of Plenty spokespeople

Don Richards and Sue Hamill

11 Muriwai Drive,

Whakatane 3120.

Phone: 07 307 9366

Mobile: 0274 778 147


Taranaki spokespeople

Hamish Allan

107 Banks Street


New Plymouth 4310

Mobile: 022 3948109

Stuart Bramhall

Far North contact

Geoff Waterhouse

12 Wilson Road,

Haruru 0204


Phone 09 492 7506

Mobile 027 295 8220


Wanganui contact

Kellee Bartlett

15 Patapu St

Whanganui 4500

Mobile: 020 4089 2850


Kapiti Coast contact

Ian Sheen

8 Kitchener Street

Te Horo Beach 5581

06 364 3299

Wellington contact

Ingrid Prosser

Mahina Bay


Phone 04 562 0162


Nelson contact

Marc Bombios


Phone: 0272 662 642


Christchurch contact

John Kelly

71 Clarendon Tce


Christchurch 8023

021 064 4826

Dunedin contact

Dennis Dorney

14 Panmure Ave,

Calton Hill

Dunedin 9012

Ph 03 487 6043




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