Source: MIL-OSI Submissions
Source: Reserve Bank of New Zealand
15 November 2021 – Consultation on our Future of Money (Te Moni Anamata) issues papers released late September closes in three weeks’ time, on Monday, 6 December.
Thank you very much if your views are among the more than 170 responses for Future of Money – Central Bank Digital Currency (Te Moni Anamata – Aparangi ā Te Pūtea Matua) or the 70 or so received for Future of Money – Stewardship (Te Moni Anamata – Kaitiakitanga) so far.
If you would like us to take your views into account, now’s the time to be reviewing the papers and giving your views using the online tools or by email to futureofmoney@rbnz.govt.nz.
The papers are all found near the top of the Future of Money (Te Moni Anamata) landing page on our website, which includes a quick introduction to the important concepts and issues covered in the papers.
The individual issues paper pages include .pdf downloads of the issues papers and links to the online response tool. There is also a .pdf download of the response questions so you can consider these offline if you wish.
Here’s a link to our news release launching the consultations with an overview of the issues. If you’d like a video introduction to the issues check out this “Money and You” video produced by the Financial Services Council. Robbie Taylor and Susan Guthrie from the Money and Cash policy team present key concepts and big questions, and there’s also a written story summarising the main points. Or, you might like to check out these news stories from around the time of the launch which summarise different aspects (we do not endorse or take responsibility for the linked external content and websites):
- Reserve Bank ponders digital currency and new rules for new money (Nine to Noon, RNZ National, 30 September 2021)
- Reserve Bank says it wants to ensure that our central bank money remains a stable value anchor for the monetary system and available as a fair and equal way to pay and save (David Hargreaves, interest.co.nz, 30 September 2021)
- Reserve Bank of New Zealand opens public digital currency consultation (Mike Kilpatrick, Newshub, 30 September 2021)
- Having central bank digital currencies is a great idea. It’s also fraught with difficulties including how to protect banks (David Hargreaves, interest.co.nz, 7 October 2021)
- Should banks be forced by law to supply cash to customers? (Rob Stock, stuff, 30 September 2021).
The issues covered in the final story will be central to our next issues paper publishing about the end of this month, with feedback open until March next year. We’ll certainly let you know when that’s available.
