Oct 20, 2022 | Media Releases, Monetary Financing, News, Reserve Bank
To: Members of the Petitions Committee, New Zealand Parliamentcc: Dr Duncan Webb, MP (the MP who received our petition) Follow up to our petition, “The Reserve Bank Covid-19 recovery direct funding petition”, published 1 July 2021 You may remember that our petition...
Sep 29, 2022 | Media Releases, News, Opinion
The Government is to be applauded for its repurchase of Kiwibank. It now has the opportunity to introduce some real competition into the banking system that is dominated by the big four Australian-owned banks. The Government is taking on the supermarket duopoly due to...
Jul 10, 2022 | Media Releases, News, Reserve Bank
The Government is spinning a false narrative when it tells the nurses, and the nation, that the nurses’ pay offer is the best they can provide, given the lack of money. “The Government’s bank provided private banks and financial institutions with $55 billion dollars...
Jun 30, 2022 | Media Releases, News
The Reserve Bank is squandering billions of taxpayer dollars buying back our own Government bonds from private banks when it does not need to. Now we find that this money-go-round had a real cost—$8 billion and counting, says Positive Money national spokesperson Don...
Mar 15, 2022 | Media Releases, Reserve Bank
The announcement of Paul Conway as the new Chief Economist at the Reserve Bank highlights a disturbing development at the Bank, says Positive Money NZ’s national spokesperson Don Richards. “In simple terms, we now have a revolving door at the highest levels between...
Feb 10, 2022 | Media Releases, News, Submissions
The Green Party’s call for an inquiry into the government’s economic response to Covid is welcome, but needs to go a step further, says Positive Money national spokesperson Don Richards. “Rather than a select committee inquiry, the public deserves an...
