Why we need more banks, not bigger ones

Why we need more banks, not bigger ones

By Don Richards, National Spokesperson for Positive Money New Zealand This opinion piece was first published in the NZ Herald on 9 April 2024. In its draft report on banking, the Commerce Commission highlighted Kiwibank’s potential to be a challenger bank to the...
Budget 2023 another missed opportunity

Budget 2023 another missed opportunity

Our 2023 “no frills” or “no thrills” budget is yet another missed opportunity that will consign the country to more debt. Few can argue against the need to fund infrastructure and resilience ($6 billion) and public housing ($3 billion) but the downside is that other...