Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Lack of ATM coverage threatens holiday season

2 December 2009
Media Statement

Lack of ATM coverage threatens holiday season

Dairies, social clubs, and service stations in small towns expecting population numbers to rise in the holiday season, including the inter-island ferries which attracts high numbers over Christmas want all New Zealanders to have access to independent ATMs, says Managing Director of ATM Plus David Dickinson, and director of NZATM Craig Whale.

“We have been inundated with letters and feedback from customers and business owners across the country who can’t understand why ANZ National and ASB cardholders can’t access their local independent ATM,” says Mr Dickinson.

At present ASB and ANZ National banks have not given their customers the same access to independent ATMs that every other New Zealander enjoys.

Non-bank independent ATMs prefer to go where the big banks don’t have ATMs; into small towns, rural communities, on the inter-island ferries and in regional airports like Invercargill Airport. ASB and ANZ National banks have 40% of the ATM market between them.

“It seems unfair not to let their customers have the same convenience that every other New Zealander enjoys, especially as people head off for the holiday season in campervans and spend Christmas and New Year in small towns,” says Mr Dickinson.

Kiwibank, Westpac, BNZ, TSB, SBS Bank and Rabobank all let their customers use independent ATMs. Rural communities are particularly badly affected by the lack of competition because Eftpos is not an adequate substitute for an ATM. For example, tourists cannot get money out of Eftpos from Visa and Mastercard. Neither can New Zealanders get a balance on Eftpos before they purchase anything.

“The irony is that ANZ National, ASB and their parent banks have no problem allowing their customers to use the thousands of non-bank ATMs in Australia.

“Don’t their Kiwi customers deserve the same treatment?” The recent Parliamentary Banking Inquiry pointed to the lack of competition in the ATM sector and called for a full review of banking regulations.

Today two independent ATM companies began a campaign with ads in the major daily newspapers calling on ASB and ANZ National customers to contact their local branches if they want the same access to independent ATMs that every other New Zealander enjoys.

ATM Letter (pdf)


© Scoop Media

Business Headlines | Sci-Tech Headlines


Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>


Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>


MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>


Mediaworks: Reaches Agreement To Sell TV Operations To Discovery, Inc.

New Zealand’s largest independent commercial broadcaster MediaWorks and the global leader of real-life entertainment Discovery Inc. (“Discovery”) are pleased to announce they have reached a binding agreement regarding the sale of MediaWorks’ ... More>>


Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>


NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>


Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>


SAFE: Live Export Ship Carrying 5,800 New Zealand Cows Goes Missing In East China Sea

Livestock carrier Gulf Livestock 1 sent a distress signal at 4:45am NZT yesterday in the East China Sea. The area is affected by Typhoon Maysak. At 4pm a patrol plane spotted a lifeboat - with no people in it - and a man in lifejacket nearby. The ship ... More>>


FMA: Kiwisaver Fees Don't Match Performance

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles [i] used by KiwiSaver providers. The FMA commissioned MyFiduciary to test the extent that KiwiSaver providers were ... More>>