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


Greens Call For Full Regional Banking Services

29 September 1999

Green Party Enterprise and Employment spokesperson Sue Bradford has welcomed WestpacTrust's joint venture with NZ Post to provide some banking services to areas where there is no WestpacTrust branch.

"However the trials are all happening in Christchurch, Wellington and Auckland which doesn't help the rural people who are crying out for the most basic of banking services," Sue Bradford said. She believes the Green policy of having full New Zealand-owned regional banking services throughout the country is vital in serving rural New Zealanders and for giving a much needed boost to the national and regional economies.

"It's positive that WestpacTrust are trying to expand into areas where they are not represented, but trialling in Auckland and Wellington does nothing to address the damage that has been done to regional New Zealand through multiple bank closures. And they are charging steeply for the most basic banking services," she said.

The Green Party policy is to develop a nationwide network of Kiwi-owned community banks, based on the Bendigo Bank model in Australia.

"Such a network would restore the full banking service that has been taken from regional New Zealand to maximise profit for offshore owners," Sue Bradford said.

"It would also go a long way towards repairing regional economies through keeping people's money working in the area."

Sue Bradford

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Police Authority: Use Of Taser Was Disproportionate And Unjustified

The Independent Police Conduct Authority has found that an officer’s second use of a Taser on a mentally unwell Hokitika man was disproportionate and unjustified. More>>


Gordon Campbell: On Holidays, Hekia Parata And Badlands

Hekia Parata, adieu. Reportedly, she’s been ‘passionate’ about education. She has “bravely’ led the charge on the government’s education reforms. In the past week , many of the postscripts to Hekia Parata’s career as Education Minister have sounded like a schoolteacher desperately trying to find some reason why a D student can be marked up to C minus. More>>


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Prisons Grow: Government Approves Plans For Increased Prison Capacity

Despite significant progress in reducing crime the number of prisoners has increased faster than projected. This is because the proportion of offenders charged with serious crimes has risen, meaning more people are being remanded in custody and serving more of their sentences in prison. More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news