The invention discloses a method for preparing a nickel positive electrode of a nickel-metal hydride secondary battery by using cobalt-aluminum hydrotalcite. The method is characterized by comprising the following steps: a, mechanically mixing 30-40 parts by weight of cobalt-aluminum hydrotalcite, 50-60 parts by weight of nickelous hydroxide, 5-10 parts by weight of conductive agents to obtain a nickel-metal hydride battery positive electrode material mixture; b, adding dispersing agent solutions into the positive electrode material mixture in the step (a); ball-milling and adding adhesives for performing ball-milling for 3-5 hours to obtain a nickel positive electrode material with uniform mixing; and c, uniformly tabletting the nickel positive electrode material in the step (b) on current collector foam nickel and drying at the temperature of 60-200 DEG C, and cutting to obtain nickel positive electrode pole pieces. According to the nickel electrode of the nickel-metal hydride secondary battery, cobalt-aluminum hydrotalcite is used as an additive, the performance of the battery can be obviously improved, the capacity density and the power density of the battery can be improved, the charging / discharging cycle life of the battery is prolonged, the over-charging resistance capability is improved, and the self-discharging is reduced.