Mar 1, 2023 | Monetary Financing, News
In November last year, our National Spokesperson Don Richards sent a letter to his local MP, Justice Minister Kiri Allan. In it, he outlined issues with our current monetary system and asked for her support to raise awareness: What we have seen is first, excessive...
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...
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...
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...
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...