Podcast appearances and mentions of ian woolford

Most New Zealanders are still keen on using physical cash, a new Reserve Bank consultation has found. Their online survey drew in over 18,000 respondents, with many worried digital money would replace banknotes and coins. The central bank's Director of Money and Cash, Ian Woolford, says people are worried about privacy and control when it comes to money. "It's a personal choice - money is quite a personal thing and it's quite natural for people to have concerns about people monitoring their use." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Most New Zealanders are still keen on using physical cash, a new Reserve Bank consultation has found. Their online survey drew in over 18,000 respondents, with many worried digital money would replace banknotes and coins. The central bank's Director of Money and Cash, Ian Woolford, says people are worried about privacy and control when it comes to money. "It's a personal choice - money is quite a personal thing and it's quite natural for people to have concerns about people monitoring their use." LISTEN ABOVESee omnystudio.com/listener for privacy information.

A senior Reserve Bank official has taken aim at the big banks and accused them of stifling innovation and competition by underinvesting in technology. Addressing delegates at a Payments NZ conference on Tuesday, the banking regulator's director of money and cash, Ian Woolford, claimed there was a role for better regulation to push banks to keep up with their peers overseas. But the banks have pushed back - with Westpac head Catherine McGrath saying regulations were holding the banks back. NZ Herald Wellington business editor Jenee Tibshraeny unpacks the regulations impacting the banks. LISTEN ABOVESee omnystudio.com/listener for privacy information.

A senior Reserve Bank official has taken aim at the big banks and accused them of stifling innovation and competition by underinvesting in technology. Addressing delegates at a Payments NZ conference on Tuesday, the banking regulator's director of money and cash, Ian Woolford, claimed there was a role for better regulation to push banks to keep up with their peers overseas. But the banks have pushed back - with Westpac head Catherine McGrath saying regulations were holding the banks back. NZ Herald Wellington business editor Jenee Tibshraeny unpacks the regulations impacting the banks. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Today, I'm grateful to be speaking with Ian Woolford, the head of money and cash at the Reserve Bank of NZ.Central Bank Digital Currency, branded as 'digital cash' by the RBNZ, has the potential to give the banking scene the boot up the backside we desperately need. One step further, trillions of dollars of assets migrating into the digital ecosystem (which is what CBDC's help facilitate) will usher in the most significant changes to wealth we've EVER seen. Concerns exist, absolutely, especially over the long term. A responsible and trustworthy RBNZ is the at the base-layer of our financial system. CBDC's have the potential to dramatically increase the power they hold. Our trust in them must therefore increase over time.Read more______________________Online courses:The Home Buyers Blueprint: Get a better home; Get a better mortgage.The KiwiSaver Millionaire Roadmap: From 6 figures to 7; Get a Rockstar Retirement!New Wealth Foundations: Personal finance from a wealth-builder's perspective.Take the free, 5-part online course Crypto 101: Crypto with Confidence (In partnership with Easy Crypto)Book in a free 15-min phone call with Darcy Ungaro (financial adviser)- click on this link.Get SocialSign up to the newsletter!Check out the most watched/downloaded episodes hereFollow on YouTube , Instagram, TikTok: @theeverydayinvestor, X (@UngaroDarcy), LinkedIn.Learn more about Ungaro & Co Financial Advice: www.ungaro.co.nz________________________Affiliate Links!I may receive a financial benefit if you click on these links.HatchSharesiesEasy...

Consultation on the design of a 'digital cash' system for New Zealand closed last week. The Reserve Bank is exploring the new type of currency that would be used in addition to the cash we spend today and electronic money we have in our bank accounts. It had about 18,000 responses to its survey as well as detailed submissions. The bank says it will now consult with focus groups. Ian Woolford, Head of Money and Cash at the Reserve Bank and Dr Chanelle Duley, economics lecturer from the University of Auckland join Susie to talk about digital cash and how it would be managed.

The notes and coins people keep in their wallets could have a digital, government-backed equivalent by the end of the decade. RBNZ director of money and cash Ian Woolford spoke to Corin Dann.

The Reserve Bank's opened consultation on the possibility of a government-backed digital currency.   The central bank is currently researching such an option.   It would be used alongside physical cash.   Director of Money and Cash Ian Woolford told Mike Hosking their view is that there's not enough innovation and efficiency in the financial system.   He says they hope a central bank digital cash will spur this.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Coin collectors and enthusiasts alike will have to wait a few years before they see King Charles lll on their legal tender coins.   In the new design, the King faces left - keeping with conventions that each new sovereign changes directions.  The Reserve Bank expects the 10 cent coin to be minted in 2025 - with the others following in 2027.  Director of Money and Cash Ian Woolford told Heather du Plessis-Allan they still have a lot of coins with the Queen's effigy on hand.  “Also it'll be a couple of years before we do a new order, and it doesn't make sense to destroy good coins.”  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Of Interest: In this episode Gareth Vaughan discusses the progress the New Zealand central bank is making on its digital currency development with Ian Woolford.The Reserve Bank of New Zealand (RBNZ) considering launching a central bank digital currency (CBDC) is in part a defensive move to protect it and NZ's monetary sovereignty, says RBNZ Director of Money and Cash Ian Woolford.The RBNZ is one of dozens of central banks around the world considering introducing a CBDC. A few, including those of The Bahamas and Nigeria, have already done so.A CBDC is the digital form of a country's fiat currency. That means an RBNZ issued CBDC, like the physical NZ dollar, would be a liability of the RBNZ, backed essentially by trust in the Government and its institutions. By law the RBNZ is the sole supplier of NZ banknotes and coins, with this being a key raison d'être for the central bank.Although most financial transactions are already done electronically, Woolford points out these are done using digital forms of private money."Most people use private money in the form of their bank accounts with registered banks in New Zealand. I guess the main point of difference is you are effectively taking a credit risk with your bank, so your claim is on the bank. Whereas with a central bank digital currency your claim would effectively be on the Government, which typically and is the case in New Zealand, has a higher credit rating than private institutions," Woolford says.He says the RBNZ hasn't yet made a formal decision on whether it will launch a CBDC or not, and it's likely to be years not months before it does. Nonetheless he says the RBNZ considers that a CBDC "will make sense."In a world of cryptocurrencies, stablecoins and big technology companies such as Apple, Facebook and Google pushing into payments and financial services, Woolford acknowledges there's a defensive aspect to the RBNZ looking to launch a CBDC."Yes, I think that it's fair to say that to a degree this is a defensive play," Woolford says."I don't want to come across as too defensive, but I think it's hard to argue otherwise if you are interested in protecting monetary sovereignty, and that threat [to it] could come from private forms of digital currency [or] big tech firms.""Monetary sovereignty matters in that it enables us to operate monetary policy, to set interest rates that reflect the state of the New Zealand economy," says Woolford."If you don't have monetary sovereignty you end up usually, and you've seen this in a number of countries around the world, being dollarised. So the citizens lose confidence in their own currency...Dollarised typically refers to the US dollar, so they lose control of domestic monetary policy.""It's really important first and foremost that New Zealand retains monetary sovereignty. Monetary sovereignty can be undermined or threatened through a number of channels. One channel, for example, could be the advent of cryptocurrencies or stablecoins. People choosing not to transact in the New Zealand dollar whether it's a private form of digital currency like a stablecoin, or whether it is using another country's central bank digital currency. So effectively you'd be dollarised," Woolford says."Dollarised" refers to when a country begins to recognize the US dollar, which is viewed as the world's reserve currency, as a medium of exchange or legal tender alongside or in place of its domestic currency.In the podcast Woolford talks in detail about the RBNZ's work on a CBDC, including what introducing one would mean for cash and privacy. Among other things, Woolford also talks about how the RBNZ believes a CBDC could bolster competition and innovation in the NZ financial system, and the potential for a CBDC to reduce or eliminate the role of banks.

Central banks all over the world have been looking at building their own digital currencies – and in the last couple of months, the Reserve Bank of New Zealand has issued a discussion paper about how one might work here. To find out more, Bernard talks to Ian Woolford, the head of money and cash at the RBNZ, and Janine Grainger, the CEO of NZ-based exchange Easy Crypto.When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank. See acast.com/privacy for privacy and opt-out information.

The Reserve Bank of New Zealand is New Zealand's central bank. It was established in 1934, and although not a government department, has been wholly owned by the government of New Zealand since 1936. Like most central banks, the Reserve Bank is primarily a policy organisation, and exists to do three main things:formulate and implement monetary policy to maintain price stability and support maximum sustainable employment;promote the maintenance of a sound and efficient financial system; andmeet the currency needs of the public.So, why should you care about this topic. Well if you care for a chance to grow wealth in traditional markets, you'll need financial stability. It's hard to make a plan with your investing without knowing the returns and the risks. Between now and when you're ready to spend the resource you're trying to grow now, you need to know some things will never change. Today, you'll hear how Central Banks around the world have been looking into this space of CBDC's for quite some time. There's been some progress I'm sure, but now stablecoins and decentralized finance could usher in some serious creative destruction. With the arrival of Blockchain powered, decentralized networks which can form the building blocks of an alternative financial system, there's now a reason to move forward even faster. One of the roles of the central bank of NZ is to maintain an efficient financial system – but unless they ‘step up' to the plate so to speak, the vacuum left behind could suck in other actors that may undermine NZ's monetary sovereignty.It was James A Garfield who said: ‘He who controls the money supply of a nation controls the nation.”______________________________________________________________The NZ Everyday Investor is brought to you in partnership with Hatch. Hatch, let's you become a shareholder in the world's biggest companies and funds. We're talking about Apple and Zoom, Vanguard and Blackrock.So, if you're listening in right now and have thought about investing in the US share markets, well, Hatch has given us a special offer just for you... they'll give you a $20 NZD top-up when you make an initial deposit into your Hatch account of $100NZD or more. Just go to https://hatch.as/NZEverydayInvestor to grab your top up. __________________________________________________________________Like what you've heard?You can really help with the success of the NZ Everyday Investor by doing the following:1- Follow the NZ Everyday Investor on Clubhouse.2- Write a review on Facebook, or your favourite podcast player3- Help support the mission of our show on Patreon by contributing here4- To catch the live episodes, please ensure you have subscribed to us on Youtube: 5- Sign up to our newsletter here6-Tell your friends!NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!Please ensure that you act independently from any of the content provided in these episodes - it should not be considered personalised financial advice for you. This means, you should either do your own research taking on board a broad range of opinions, or ideally, consult and engage a financial adviser to provide guidance around your specific goals and objectives.If you would like to enquire around working with Darcy ([crypto-friendly]financial adviser), you can schedule in a free 15 min conversation just click on this link_________________________________________________________

Kylie Weston-Scheuber is a barrister at the Victorian Bar and Director of the upcoming BottledSnail Production ‘Famous Cases in Song’. Judges and members of the Victorian legal profession are performing two short and very funny operettas based on the famous cases ‘Carlill v Carbolic Smoke Ball Co’ and ‘Donoghue v Stevenson’ (the snail in the bottle case). For this episode of Lawyer By Day I spoke to Kylie and cast members Ian Woolford, His Honour Judge Joshua Wilson and the Honourable Associate Justice Mary-Jane Ierodiaconou about why they are involved in BottledSnail, their musical pasts, and how we all might benefit from finding the right creative outlet. ‘Famous Cases in Song’ is being performed as a part of Law Week (14-20 May 2018 – www.victorialawfoundation.org.au) and you can learn more and buy tickets for the show at www.bottledsnail.com/famous-cases-in-song. The songs performed by BottledSnail Productions in this episode contain lyrics written by New Zealand law lecturer Stephen Todd and are set to the music of Gilbert & Sullivan. BottledSnail Productions started in 2013. It is a not-for-profit incorporated association and registered charity run by and for legal professionals that aims to generate a significant positive impact on the lives of those who participate in their productions, and make a sophisticated contribution to Melbourne's creative culture.

China sees itself as a victim of imperialism and colonialism. The modern Chinese nationalism, including the one adopted and promoted by the Chinese Communist Party, is defined through this. Assoc. Professor Dibyesh Anand (Centre for the Study of Democracy at the University of Westminster in London) interrogates this narrative and argues that there is a fundamental disjuncture at the heart of the modern nation-state project in China. Focusing on Tibet, he argues for conceptualising and understanding China as a colonising power. Copyright 2016 La Trobe University, all rights reserved. Please contact for permissions.

The recent arrest of Jawaharlal Nehru University student leader Kanhaiya Kumar on the charges of sedition have shaken India, the world's biggest democracy. Dr Ian Woolford (Hindi Program, La Trobe University) talks to Professor Nick Bisley (Executive Director, La Trobe Asia) about the Modi government reaction and what this crisis means for freedom of speech in India. Follow Ian Woolford on Twitter: www.twitter.com/iawoolford Follow Nick Bisley on Twitter: www.twitter.com/nickbisley Copyright 2016 La Trobe University, all rights reserved. Please contact for permissions.

The recent arrest of Jawaharlal Nehru University student leader Kanhaiya Kumar on the charges of sedition have shaken India, the world's biggest democracy. Dr Ian Woolford (Hindi Program, La Trobe University) talks to Professor Nick Bisley (Executive Director, La Trobe Asia) about the Modi government reaction and what this crisis means for freedom of speech in India. Follow Ian Woolford on Twitter: www.twitter.com/iawoolford Follow Nick Bisley on Twitter: www.twitter.com/nickbisley Copyright 2016 La Trobe University, all rights reserved. Please contact for permissions.

Narendra Modi won a landslide victory with the BJP in the 2014 Indian election, but what kind of government will India have, and how will it play out on the global stage? Professor Nick Bisley (Executive Director of La Trobe Asia) and Dr Ian Woolford (Head of Hindi and South Asian Studies, La Trobe University) present a wrap-up of the Indian election.

Narendra Modi won a landslide victory with the BJP in the 2014 Indian election. In this La Trobe Asia podcast, Professor Nick Bisley (Executive Director of La Trobe Asia) and Dr Ian Woolford (Head of Hindi and South Asian Studies, La Trobe University) present a wrap-up of Indian politics focussing on: - The outcome of the election and the position of the previously ruling Congress Party - The kind of government and direction that India can expect under Modi - The role of social media in the election - What international relationships the global community can expect from India Copyright 2014 La Trobe University, all rights reserved. Please contact for permissions.

In 2014 Asia's two biggest democracies, India and Indonesia, go to the polls to elect new governments. Both countries look destined for major political change, with potentially far-reaching consequences for domestic and international politics. In India, the leader of Gujarat, Narendra Modi, has emerged as a front runner in the polls, but the nature of the coalition he would need to form to take power is impossible to predict. In Indonesia, Jakarta governor Joko Widodo is the most popular politician, but his party is yet to endorse him as a presidential candidate and it is possible that the controversial former special forces general Prabowo Subianto could become president. Speakers are Dr Dirk Tomsa (Politics and International Relations at La Trobe University) and Dr Ian Woolford (coordinator of La Trobe University’s Hindi language program). Introduced by Professor Nick Bisley as a seminar for La Trobe Asia. Copyright 2014 La Trobe University, all rights reserved. Please contact for permissions.