Digital Cash in New Zealand  

Key points from the submission: 

• RBNZ should carefully work through design, privacy, and taxation implications.
• Any implementation must ensure that tax treatment is clear and easy to apply. 
• A well-documented framework is critical before any digital cash is introduced. 

Enabling Kiwisaver investment in private assets 

Key points from the submission: 

• If the proposed regulatory amendments are to proceed, the Government should also consider if the PIE eligibility criteria present an additional barrier.  
• PIEs may invest into debt or equity assets so may currently be invested in private equity projects. However, the extent of their investment in public-private partnerships or large-scale assets remains unclear.