News
News and campaign updates from the team at
Positive Money New Zealand.
Our response to the report on the petition to require the Reserve Bank to issue all New Zealand money
Read our response to the final report on our petition to reform the monetary system.
The budget snatches defeat from the jaws of victory
Press release 21 May 2020 After doing so well managing the pandemic the Government has said it will borrow the $50 billion it needs for the Covid-19 package. It could however instruct the Reserve Bank to issue the money directly, cutting out the lenders as it did...
About the Positive Money presentation to the Finance and Expenditure Select Committee
We show the clip of our presentation in March of this year to the select committee, take questions, and ask meeting participants to help us identify practical strategies to communicate the Positive Money solution to the public and key...
Video: Covid-19: How Will We Pay for It? | Positive Money NZ
Positive Money NZ national spokesman Don Richards and Auckland spokesperson Cliff Hall hosted a Zoom meeting with Positive Money members to discuss how New Zealand can pay for the Covid-19 response and recovery. Hint: it’s not debt and it’s not taxes. Recorded Sunday...
Reserve Bank’s ‘quantitative easing’ repeats the mistakes of others
While the $12 billion Covid-19 stimulus package to workers and small businesses was launched with great fanfare, a relief package 2.5 times greater ($30 billion) for the financial markets was slipped in with barely a whisper.
VIDEO: Positive Money’s Parliamentary Select Committee presentation (12:32)
Positive Money national spokesperson Don Richards and Auckland spokesperson Cliff Hall appear before the Finance & Expenditure Select Committee to speak in support of our petition., 4 March 2020.
Reserve Bank should cut out the middleman in Covid-19 stimulus package
While the Covid-19 stimulus package will provide a welcome boost to the economy, it comes at the cost of even more debt. Our Reserve Bank is expected to go to the bond market to buy Government bonds from banks and other institutions to finance the package when...
Report on Positive Money’s Parliamentary Select Committee presentation
On 4 March 2020, Positive Money national spokesperson Don Richards and Auckland spokesperson Cliff Hall appeared before the Finance & Expenditure Select Committee to speak in support of our petition.
Handover of our petition to Parliament
Support us
GET INVOLVED
Help us to achieve real change in our money system and make sure that it works for the public good not just for private profits.
Drop Us a Line
Get in touch to learn more about Positive Money