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

 


Celebrating Kiwibank’s business banking launch

Friday 20 May 2005

Hon Jim Anderton MP, Progressive Leader

Celebrating Kiwibank’s business banking launch

Progressive leader Jim Anderton opened Kiwibank’s first South Island business banking centre today at the Sydenham branch of Kiwibank.

“This is a great day for New Zealanders and New Zealand business. The vision for Kiwibank has been realised and it is now a fully-fledged bank providing low fees and an extensive branch network for business as well as families and workers.

“Not so long ago, most of New Zealand’s political leaders and financial commentators seriously believed we couldn’t run our own bank. Today’s business banking opening proves that we are clearly capable of doing so, as if there was any real doubt. Kiwibank signs-up 400 new customers a day and is running well ahead of all the targets in its business plan.

“As soon as Kiwibank opened, the big Australian-owned banks began to cut their fees and stopped closing branches. Kiwibank has made a positive impact by providing some much needed competition to the sector.

“Three hundred and twenty thousand small and medium businesses now have the choice to use the nation-wide network of New Zealand-owned Kiwibank, with low fees and more branches than any other bank.

“It is with great pride and hope for the future that we can celebrate the official opening of Kiwibank’s business banking today,” Jim Anderton said.

SPEECH NOTES AT:

http://www.progressive.org.nz/modules.php?name=News&file=article&sid=1805

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news