Places

Date: 2014

From: Winter, Mark, 1958- : Digital cartoons published in the Southland Times and other papers

Reference: DCDL-0029574

Description: Shows a $1 New Zealand coin which has been reduced to 65 cents. Refers to John Key indicating that he thinks the New Zealand dollar's fair value was around 65 US cents. Quantity: 1 digital cartoon(s).

Date: 2012

From: Evans, Malcolm Paul, 1945- :Digital cartoons

By: Press (Christchurch, N.Z.)

Reference: DCDL-0022862

Description: A pick-up truck labelled 'US Federal Reserve' has hit 'NZ Exports' and has driven away. The Prime Minister, John Key, claims that 'US Federal Reserve' is a 'pillar of society' and that 'NZ Exports' must have upset him. The cartoonist comments that it is a case of 'hit and run'. The New Zealand dollar continued its rise against the US dollar after the Reserve Bank of New Zealand held the Official Cash Rate ahead of quantative easing of the US dollar by the US Federal Reserve, a pillar of the world monetary system. A high New Zealand dollar disadvantaged New Zealand exports. The New Zealand Government offered no criticism of the US monetary policies, nor asked the Reserve Bank to provide any corrective. Colour and black and white versions available Quantity: 2 digital cartoon(s).

Date: 2011

From: Winter, Mark, 1958- : Digital cartoons published in the Southland Times and other papers

Reference: DCDL-0017220

Description: Text reads 'A plunge against the greenback after interest rate comments' and the cartoon shows the words 'NZ DOLLAR' from which the 'o', represented by a one dollar coin, has slipped. The kiwi on the coin says 'cent-less behaviour'. Context - The New Zealand dollar fell 0.8 percent to 74.10 U.S. cents as of 4:59 p.m. in Wellington from 74.72 cents yesterday in New York. Key's remarks were his most explicit on the outlook for borrowing costs since the Feb. 22 temblor devastated New Zealand's second-largest city. The central bank has kept rates unchanged since July after two increases in the middle of last year, and a reduction would contrast with steps by counterparts around the world to check escalating inflation pressures. The Prime Minister was criticised for saying he was expecting a cut and would welcome it. The Reserve Bank is supposed to be completely independent of the government. (Business Week 2 March and TVNZ 7 March 2011) Quantity: 1 digital cartoon(s).

Date: 2010

From: Scott, Thomas, 1947- :[Digital cartoons published in the Dominion Post]

Reference: DCDL-0016073

Description: Prime Minister John Key and Governor of the Reserve Bank Alan Bollard are flying in a hot air balloon. John Key starts by declaring that he cannot interfere but then proceeds to do so by asking Alan Bollard to have the Reserve Bank devalue the Kiwi dollar. Alan Bollard wishes he could throw Key out of the basket but thinks it would make things worse. The surge in the kiwi dollar is related to the weak US currency rather than New Zealand's economy. Prime Minister John Key says the Government has no intention of intervening to try to bring down the New Zealand dollar, despite acknowledging the huge pressure the strong currency is putting on exporters. Mr Key says he has had no advice so far about the Reserve Bank increasing the cash supply in order to cheapen the New Zealand dollar. (Radio New Zealand News 1 November 2010) Bollard said the kiwi's strength against the US dollar, and recent volatility on a trade-weighted basis was outside the central bank's control and he talked down the ability of the Bank to push down the currency through intervention. (TVNZ 10 November 2010) Quantity: 1 digital cartoon(s).