fbpx
Print this page
Wednesday, 12 March 2025 11:00

Banks on notice

Written by  The Hound

OPINION: Shane 'Matua' Jones, crusader against all things woke, including "woke banks", couldn't have scripted it better when his NZ First colleague Andy Foster had his Members' Bill drawn from the ballot recently.

The Bill, it is hoped, will stop lenders from unfairly debanking legitimate businesses and industries (such as petrol stations) on ideological grounds.

As Feds' banking spokesperson Richard McIntyre says, "Banks have been under huge pressure recently for some of their more unpalatable lending pressures. This Bill [will] add to that scrutiny and shine a white-hot light on big banks that have been forcing their ideological views down the throats of New Zealanders".

While not their Bill, the Feds are claiming this as a moral victory for them.

Fair enough too, they've been vocal critics of the banking sector in recent years and helped get the select committee inquiry currently underway.

More like this

Don't hold back!

OPINION: ACT MP Mark Cameron isn’t everyone’s cup of tea, but he certainly calls it how he sees it, holding nothing back when ‘climate scientists’ had a crack at Kiwi farmers recently:

Sorry, not sorry

OPINION: Did former PM Jacinda Ardern get fawning reviews for her book?

Arise Sir Paddy

OPINION: Missed out on a knighthood in the King’s Birthday Honours, again?

Ivory bloody towers

OPINION: The antipathy the previous government had for farmers no longer holds court on the Beehive’s 9th floor, but it’s still alive and well in some ivory towers, judging by a recent missive from the self-styled ‘Integrity Institute’.

Are they serious?

OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their fiscal fantasies.

Featured

Wilmar hands over US$725m ‘court security’ in Indo graft case

Reuters reports that giant food company Wilmar Group has announced it had handed over 11.8 trillion rupiah (US$725 million) to Indonesia's Attorney General's Office as a "security deposit" in relation to a case in court about alleged misconduct in obtaining palm oil export permits.

National

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…