We Say/You Say: Bank Closures
Hi neighbours,
How are you going to be impacted by changes in banking?
Mayors around the country have called on the government to intervene in bank closures around the country.
33 mayors around the country have signed an open letter to Jacinda Ardern asking her government to investigate the closures. The mayors stated that access to ATMs would not address the social harm and depravities for provincial and farming communities.
Last week, Kiwibank announced that it would close seven of its branches, with BNZ confirming it would close 38 branches nationwide.
BNZ Chief Customer Officer, Paul Carter, said three-quarters of their customers are digitally active.
“The majority of our customers are banking online and our talented bankers are often waiting in empty branches for customers that simply do not arrive,” he said.
BNZ customer Jasmine Polglase was more concerned for her grandparents, who banked with BNZ.
“They don’t have a computer, like many elderly. But unlike my grandparents, some here don’t have family to do banking for them and help them navigate that sort of thing.”
Share your thoughts below and don't forget to type NFP if you don't want your comments used in your local paper.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.6% Yes, supporting people is important!
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26% No, individuals should take responsibility
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14.4% ... It is complicated
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
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