May 21, 2023 | News, Opinion
Our 2023 “no frills” or “no thrills” budget is yet another missed opportunity that will consign the country to more debt. Few can argue against the need to fund infrastructure and resilience ($6 billion) and public housing ($3 billion) but the downside is that other...
Mar 20, 2023 | Media Releases, Open Letter
In November last year, we raised our concerns about the Reserve Bank’s Large Scale Asset Purchases programme (LSAP) and proposed a better alternative. Finance Minister Grant Robertson responded — unsatisfactorily in our opinion. The letter below highlights our...
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...
Feb 1, 2023 | Media Releases, News, Opinion
Our new Prime Minister Chris Hipkins plans to reprioritise policies and focus on the economy in his first year as leader. We at Positive Money New Zealand agree with the focus on the economy and would like to help him avoid the pitfalls from previous attempts at...
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...
