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 the 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: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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72.9% We work hard, we deserve a break!
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16.1% Hmm, maybe?
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11% Yes!
Celebrate in Style: Craft Your Own Decor with Testpots
Create handcrafted celebrations using Resene testpots. Find out how to create your own with these easy step by step instructions.
Aucklanders, we want to know: How are you feeling about the current property market?
New Zealand homeowners are now more likely to sell at a loss than at any time since 2013, and if you’re in Auckland or Wellington, the odds are even higher.
But there is a silver lining: buyers are still in a strong position when it comes to negotiating prices.
So we’re curious…
How are you feeling about the current property market?
If you’re keen to dive into the details, Deborah Morris breaks down all the latest insights.
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