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News and campaign updates from the team at
Positive Money New Zealand.

Funding for the Cyclone Gabrielle clean-up

Funding for the Cyclone Gabrielle clean-up

The clean-up bill for Cyclone Gabrielle will be way in excess of the $14 million promised by our Prime Minister and much of the financial burden may well fall on hard pressed councils.  Councils are already struggling under the weight of the devastation caused by...

Capitulation to banks by the Reserve Bank and Government

Capitulation to banks by the Reserve Bank and Government

The Government and the Reserve Bank are letting banks off scot-free. The full cost of printing money for the Large Scale Asset Purchase Programme and the Funding for Lending Programme is now falling on taxpayers while banks make record profits. Support during Covid...

A golden opportunity for Kiwibank and New Zealand

A golden opportunity for Kiwibank and New Zealand

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...

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