close
MENU
Politics
6 mins to read

Govt commits to rural banking inquiry for ‘robust competition’

Federated Farmers launched a petition at Fieldays this week to push for the inquiry, which has received widespread support.

Nicola Willis says a more competitive economy equals a more productive economy.

Key points
  • What’s at stake: Federated Farmers launched a petition putting pressure on the Government for an independent inquiry.
  • Background: Finance Minister Nicola Willis has written to the chairs of the Finance and Expenditure and Primary Production committees, requesting a select committee inquiry into banking competition, focused on rural banking. 
  • Main players: Nicola Willis, Federated Farmers, Richard McIntyre, Jo Luxton, Mark Cameron, Rural Women NZ, Gabrielle O'Brien, NZAB, Scott Wishart, Commerce Commission, John Small, Kiwibank, Rabobank, Todd Charteris, Westpac.  

 

The Government has committed to an inquiry into rural banking as the industry shines a light on undue pressure and limited competition.

During Fieldays at Mystery Creek this week, Federated Farmers launched a petition putting pressure on the Government for an independent inquiry.

That followed a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Thu, 13 Jun 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: Federated Farmers launched a petition putting pressure on the Government for an independent inquiry.
  • Background: Finance Minister Nicola Willis has written to the chairs of the Finance and Expenditure and Primary Production committees, requesting a select committee inquiry into banking competition, focused on rural banking. 
  • Main players: Nicola Willis, Federated Farmers, Richard McIntyre, Jo Luxton, Mark Cameron, Rural Women NZ, Gabrielle O'Brien, NZAB, Scott Wishart, Commerce Commission, John Small, Kiwibank, Rabobank, Todd Charteris, Westpac.  

 

Govt commits to rural banking inquiry for ‘robust competition’
Politics,
104453
true