Oct 20, 2022 | Media Releases, Monetary Financing, News, Reserve Bank
To: Members of the Petitions Committee, New Zealand Parliamentcc: Dr Duncan Webb, MP (the MP who received our petition) Follow up to our petition, “The Reserve Bank Covid-19 recovery direct funding petition”, published 1 July 2021 You may remember that our petition...
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...
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...
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...