Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


National's Kiwibank stance = unfair uncertainty

11 February 2005

Hon Matt Robson MP, Progressive Deputy Leader

National's Kiwibank stance = unfair uncertainty for business

The National Party is doing untold damage to small businesses' confidence with its stance on Kiwibank, says Progressive MP Matt Robson.

"In some of today's newspapers, small business people will be alarmed to read the latest dithering comments on Kiwibank by National's finance spokesman.

"It is a scandal that, on the eve of small businesses starting to reap thousands of dollars a year in savings via lower Kiwibank business banking fees, National is trying to scare them off from switching to Kiwibank," Matt Robson said.

"Small business people need and deserve policy certainty, especially on fundamental issues like the cost of banking services and raising capital.

"They need to know whether switching to Kiwibank is worthwhile, knowing it is so long as it remains a New Zealand-owned bank.

"Why doesn't the National Party understand that? This is a scandal and National's anti-small business position is an outrage," the Progressive MP said.

It was reported today that National "hasn't yet decided" whether or not a National-led government would "in the short-term" sell Kiwibank to one of the big foreign-owned banks.

"National must define how short, short-term is. National must tell small businesses immediately when a decision will be made. National owes it not just to every small business person, but the over quarter of a million other Kiwis around the country who are currently enjoying Kiwibank's competitive retail banking services," Matt Robson said.

Kiwibank is the brainchild of Progressive Party leader Jim Anderton. The nationwide retail bank will start offering competitive services to small businesses in main centres next month. Small businesses could save thousands of dollars a year in bank fees by switching to New Zealand-owned Kiwibank.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news