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Home / New Zealand / Politics

Green Party calls for better deals from banks

Newstalk ZB
4 Apr, 2009 02:09 AMQuick Read

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The Green Party is calling on the Government to broker better deals from the banks, for both businesses and home-owners.

The party says a Finance and Expenditure Committee report confirms the Australian-owned banks are not giving us a fair go.

Green party co-leader Russel Norman says the banks should be obliged to provide credit to New Zealanders on the same terms as they do for Australians.

Mr Norman believes the Government has plenty of leverage over the banks, as it is underwriting them through its deposit guarantee scheme.

- NEWSTALK ZB

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