Fri, 19 Jul | Tauranga Chamber of Commerce

Reserve Bank - What's the future for cash in New Zealand?

Have your say about the future cash will play in New Zealand transactions.
Registration is Closed
Reserve Bank - What's the future for cash in New Zealand?

Time & Location

19 Jul 2019, 7:30 am – 9:00 am
Tauranga Chamber of Commerce, 65 Chapel St, Tauranga, 3110, New Zealand

About The Event

A Reserve Bank team

will be in Tauranga in July seeking the experiences, views and

insights of different groups of people on the changing role and future of cash

– and they're keen to hear from Chamber members on the topic. You're

invited to hear about and discuss the cash landscape with other members and the

bank team.

The Bank's concerned that if cash becomes less accepted and

available as a means of payment, then New Zealanders who are already left out

of the banking or digital worlds may be severely disadvantaged.

That

prospect is one of five key issues in a paper on the Future of Cash Use

published by the Bank to its website on 19 June. "We see these issues as

being about less cash, and not becoming cashless," said Reserve Bank Governor

Adrian Orr. "There's the real possibility of a contraction in the cash system

which could end up affecting lives. We think New Zealand should be making

conscious decisions about the future of cash so that we can be prepared for

future innovations, and ensure that sectors of society are not unfairly

disadvantaged because cash falls out of favour,"

Read more and click through

the ... https://www.rbnz.govt.nz/news/2019/06/whats-the-future-for-cash-in-new-zealand

Registration is Closed

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