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


Harawira: Financial Service Providers Bill

Financial Service Providers (Registration And Dispute Resolution) Bill
Second Reading
Hone Harawira, Wednesday 24 September 2008

Kia ora, Madam Assistant Speaker. Kia ora tātou i te Whare.

On behalf of the Māori Party I am happy to take a short call on this “Let Us Nail Those Filthy Bloody Loan Sharks and Try To Stop Them From Ripping Off All The Poor People by Making Them Go Through Registration and Dispute Resolution Protocols Bill” today, because I see the level of poverty being exacerbated by some of these vultures preying on poor Māori communities right throughout the country and, in particular, in my own area.

I see these companies are charging upwards of 450 percent for finance. I see families that are so pushed to the wall that they are taking out these quick loans just to pay for kai and already, by the very next week, they are behind the eight ball.

I see the way that these companies come into my home town of Kaitāia at Christmas time because they know of the massive pressure put on people to try to buy things for their families, and already those families do not have money.

I see people coming out of pokie parlours, busted for the week, and trying to get some money so that they can go home and make out like they still have their benefit.

I see these sorts of things happening and I am glad that somebody is at least trying to propose some kind of protocols to keep these guys in line. I am glad because poor people do not have the money—if they did, they would spend it on something else—to pay for lawyers to try to deal with some of these rip-off merchants that are preying on our communities.

I would like to see other things like being able to ensure that any time a loan shark company tried to come swinging through a town, it would have to ensure that there was sign-off from a budgeting service before a family was able to get access to that kind of money.

I would like to see those people being banned from decile one communities, because those are the places they prey on. I would like to see a whole range of things, including some of these buggers being strung up.

I would like to see them not getting on the front page of the Tonga Times in South Auckland. I would like to see them not taking up the centrespread in some of the community newspapers in some of the poorer South Auckland communities, where they are ripping people off.

I hope that some of them have gone to the wall over this financial crisis, and that the people who have loans out to them can just move a few houses down the road and get out of having to repay those loans.

If I speak with passion about this issue it is because if there is anything we can do in this country to help poor people get by, particularly at this time when money is so short and prices are rising so much and at such a rate, then the Māori Party, as members know, is a fan of it.

That includes taking GST off food—we are just so surprised that the rest of the House does not go along with that great idea—raising the minimum wage to $15 an hour, and ensuring that anyone on an income of less than $25,000 does not need to be stung with tax.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>




Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>


Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>


Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>


Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>


Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>


(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>






Featured InfoPages

Opening the Election