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Capitulation to banks by the Reserve Bank and Government

Capitulation to banks by the Reserve Bank and Government

Dec 14, 2022 | News, Opinion, Reserve Bank

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...
Disturbing conflict of interest in Reserve Bank appointments

Disturbing conflict of interest in Reserve Bank appointments

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...
Our response to the report on the petition to require the Reserve Bank to issue all New Zealand money

Our response to the report on the petition to require the Reserve Bank to issue all New Zealand money

Aug 21, 2020 | News, Petition 1

We at Positive Money New Zealand have reviewed the Finance and Expenditure Committee’s final response to our petition to have the Reserve Bank issue all of our currency. While we are disappointed with the outcome, we wish to thank the Committee for considering our...
Reserve Bank/IMF meeting an ideal time to rethink our debt-based money system

Reserve Bank/IMF meeting an ideal time to rethink our debt-based money system

Aug 29, 2019 | Media Releases

A meeting sponsored by The Reserve Bank and the International Monetary Fund in Wellington this week is an ideal time to shine a light on a system that has delivered the highest house price inflation in history and left New Zealand with a half-trillion-dollar mountain...

Recent Posts

  • Capitulation to banks by the Reserve Bank and Government
  • Open Letter: To members of the Finance and Expenditure Committee
  • [Audio] Listen to Don Richards explain money creation and banks
  • Open Letter to Parliament Petitions Committee: Followup to Our Petition
  • A golden opportunity for Kiwibank and New Zealand

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