Govt accounts should be shifted to Kiwibank – Mana
Posted on November 7, 2011 by admin in John Minto, Press ReleasesMANA is calling for all New Zealand government accounts to be shifted from
Westpac to Kiwibank in a move which would express national economic pride in
New Zealand.
This follows the announcement last week that the ANZ and Westpac (two of our
big four Australian-owned banks) made a combined profit of over $1.5 billion
last year. This brings the combined profit of the big four Australian banks
(the other two are BNZ and ASB) to $2.778 billion for the year.
MANA economic justice spokesperson John Minto says this means that last year wealthy Australian shareholders made almost $700 in pure profit from every man, woman and child living in New Zealand.
“With hundreds of thousands of kids living in poverty here this is unconscionable.
“And to add insult to injury our government accounts are with Westpac rather
than our locally owned Kiwibank.
“Does our national honour consist solely of corporate-sponsored pride in our
national rugby team? What about some national economic pride in New Zealand?
MANA is calling on all political parties to join the call for our national
accounts to be shifted to Kiwibank.
Mr Minto says let’s give the Aussies a taste of kiwi in banking as well as on the rugby field.
For further information:
- John Minto 021447067
- Mana Economic Justice spokesperson
Paurotahi says:
Post Author November 13, 2011 at 8:09 amWhen Labour was in power, government accounts should have been tansferred to Kiwibank once it was firmly established. They had plenty of time to do it too. National are still favouring these voracious banking blood-suckers who profit from inequality and poverty. National should make the transfer even now, at this late stage if they are genuine in wanting to lift Aotearoa out of poverty. Mana is the only party that has advocated this positive move. Who are the real political and movement leaders? There is only one answer? MANA KIA KAHA !!