It’s a different type of payment system and could bring new opportunities to payments and currency. This period of change can be compared to an earlier time when exploration was fast-paced and the stakes were high—the 1860s, when the gold rush hit New Zealand. During this period, miners came from all over the world to find gold in our valleys and rivers.
The additional half-point cut in official rates just a few days ago, the possibility of further reductions and especially the clearer intention of using fiscal policy are capable of reviving positive expectations and thus creating the conditions for an upturn. The sustained expansion in economic activity in the nineties helped to generate the budget surplus and reduce the public debt.