RBNZ governor: lawmakers must help preserve cash access

New Zealand governor says industry and politicians must respond to rise of “less cash” society

Adrian Orr
Photo: Banco Central de Chile

New Zealand’s central bank governor called on lawmakers to help ensure that all the country’s citizens have continued access to cash. 

It has become “increasingly challenging” for the Reserve Bank of New Zealand to manage different payment instruments as cash usage changes, Adrian Orr said today (February 21).

“Our work to date has led us to expect a ‘less cash’ not ‘cashless’ society evolving rapidly,” he said. Cash has continued to play a critical role in ensuring financial inclusion and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account