Banks, insurers strongly oppose anti-debanking Bill
Retail banks make commercial lending decisions, and there's ‘no murky conspiracy’, says NZBA’s Roger Beaumont.
The Big Four.
Jonathan Mitchell
Wed, 10 Sep 2025
NZ First MP Andy Foster sat quietly to one side as key institutions verbally rejected his Member’s Bill to guarantee banking and insurance services to all consumers and businesses.
During a hearing of the Finance and Expenditure Select Committee at Parliament this afternoon, Foster made
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Jonathan Mitchell
Wed, 10 Sep 2025
Contact the Writer: jmitchell@nbr.co.nz
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Banks, insurers strongly oppose anti-debanking Bill
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