Aug 16, 2022 | Monetary Financing, News, Opinion
Money creation by the Reserve Bank has been rightly blamed for contributing to our high inflation rate, but this is because the money has gone to the wrong sector of our economy. Through quantitative easing (also known as Large Scale Asset Purchases or LSAP) the...
Jul 10, 2022 | Media Releases, News, Reserve Bank
The Government is spinning a false narrative when it tells the nurses, and the nation, that the nurses’ pay offer is the best they can provide, given the lack of money. “The Government’s bank provided private banks and financial institutions with $55 billion dollars...
Jun 30, 2022 | Media Releases, News
The Reserve Bank is squandering billions of taxpayer dollars buying back our own Government bonds from private banks when it does not need to. Now we find that this money-go-round had a real cost—$8 billion and counting, says Positive Money national spokesperson Don...
Feb 10, 2022 | Media Releases, News, Submissions
The Green Party’s call for an inquiry into the government’s economic response to Covid is welcome, but needs to go a step further, says Positive Money national spokesperson Don Richards. “Rather than a select committee inquiry, the public deserves an...
Aug 9, 2021 | News, Submissions
The Positive Money team has followed up our parliamentary petition with a submission to Parliament. Positive Money launched its petition to offer an alternative to the emergency Covid-19 financing mechanism known as quantitative easing (QE) or ‘Large Scale Asset...
