Tuesday, February 3, 2026

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NZ First introduces Bill to protect ability to use cash

Cash payments news

New Zealand First has today introduced a Member’s Bill that would protect New Zealanders’ ability to use cash.

The Bill will provide for the enduring use of cash as a private, accessible, and reliable method of payment.

“People who rely on cash due to barriers to digital banking deserve assurance that cash will be preserved in the increasingly digital world”, New Zealand First Leader Winston Peters’ says.

The “Cash Transactions Protection Bill” would mandate vendors in trade to accept cash payments for goods valued up to $500.

The Bill acknowledges that cash is a critical tool for vulnerable populations like those in
rural communities, the elderly, and low-income earners who may experience barriers to digital banking. It mandates that vendors accept cash payments and have sufficient cash infrastructure to support access to cash and its circulation.

“The Bill ensures that New Zealander’s maintain freedom of choice in how they pay, preserving cash as what it should be: an enduring private and reliable option”, says Mr Peters.

“By protecting the sanctity of cash transactions, the Bill upholds personal privacy, maintains sovereign control over New Zealand’s monetary system, and lessens the risks posed by digital-only payment systems.”

Image credit: Thomas Coker

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Source:NZ First

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20 COMMENTS

  1. Should be able to pay in cash up to any amount.

    How about gid rid of the money laundering laws while you’re at it. The laundering has just moved to crypto

    • The launderer in chief, NZ GOV, NZ Reserve Banksters, globohomo racketeering.
      Fiat currencies (NZ $, US Petro $, Euro, crypto) are dying, torpedoed by greed, meaningless value and impossible to service debt, the province of feckless political parasites and their anti-social dependents.

  2. Cash is king. I use cash every day. I will never want to do digital banking. This is indeed a step in the right direction. This bill should have been passed into law decades ago. Still better late than never.

  3. Dressed as a step in the right direction maintaining the essential freedom of ‘cash’, it is bizarrely limited to a ridiculous $500 and will incrementally segue downward toward a meaningless zero.
    Will $500 be adjusted for inflation? Unlikely. It will rendered pointless in short order.
    Peters merely virtue signalling again to the ignorati, just as he did while happily signing NZ into the UN Global Migration Compact in Marrakesh in Dec 2018 and endorsing the Great Resettlement.
    Globalist is as globalist does.
    Either cash is legal tender or it is not.
    It is very simple.

    • Virtue signaling it is. The solution is already being prepared. A digital currency. A new financial regime. A biometric ID linked to creditworthiness. Enslavement dressed as salvation.

    • Totally agree about all of that, the virtue signalling and the ridiculous amount of $500. I can spend more than that at the supermarket these days

  4. Although noble, under a fractional reserve system, money printing and inflation can only go so far before social consequences (Musical chair fallout) and social climbing status equilibrium implode. Solution = Digital prison and social credit surveillance system.

  5. Well done NZ First. One step at a time. Those morons who pay with their phones and think they’re cool are clueless.

  6. Sincere thank you NZ First. Because of visiting the Parliament protesters ( as did ex MP Mike King) I respect you Winston. Been finding some Auckland city cafes no longer accepting cash. Told them I can’t visit them again happily. Been finding city parking no longer accepts cash or coins only digital card payments. Its been disappointing. Aust and NZ banks took cheques away saying it was what the world was doing. Overseas countries still have cheques 3 years on now, so it felt like we were not only lied to but guinea pigs too. We would be further down the digital money track if it was not for Cyclone Gabriel. The then Labour plans ( look at the articles just prior) which included 15 min towns, non petrol cars and no cash that they were starting to push, all got put on hold (when the electricity was taken out). Thank you for this bill. May it be successful in being passed.

  7. “The Bill will provide for the enduring use of cash as a private, accessible, and reliable method of payment.”
    – without limit, 500$ too low!

  8. This all sounds very good, but there should be no cash limit at all and no need for this kind of legislation because once it is in place it will lead to their ability in the middle of the night when no one is looking to rewrite it so they can delete physical cash all together which is what all these puppets for the globalists want. Get out there and use cash make it the biggest most used way in which people pay for stuff and then they will have little choice but to leave it in place one would hope.

  9. Fantastic, but there should be no limit. $500 way to low a bar. Will be interesting to see if Winston can get this through into law. I’ll bet Luxon , Hipkins and co (ie the uniparty) will be against this bill because their WEF masters would not be happy.

  10. Not only should there be no limits to cash withdrawals, but going to a bank and paying into another account with cash should be universally accepted.
    ALSO-
    Please- don’t only make cash the only legal currency, but also gold, silver, platinum and copper bars manufactured by the NZ Treasury, in 1, 5 & 10 troy ounce denominations, payable in cash at current commodities pricing plus spot at any ‘full service bank’.
    Let’s re-open the NZ gold fields using modern technology…!
    The NZ Loyal Party has taken notice and commends Winston Peters and NZ First on this move to introduce the bill that puts cash and transaction privacy back in the hands of New Zealanders.

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