Jack Tame: Why don't we support locally owned banks?
Saturday Morning with Jack Tame
English - November 02, 2018 20:40 - 4 minutes - 4.25 MB - ★★★★★ - 1 ratingNews Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Music review: Harry Lyons 'To The Sea'
Next Episode: Kevin Milne: Thank goodness for local appliance shops
"I was fascinated with Mike Hoskings interview with John Key yesterday talking about the banking regulations.
What we do know is that banks are posting huge profits at the moment. The big four banks are some of the most profitable companies in New Zealand.
I want to make sure all of the money the banks make out of me, stays in the country, I did the same thing with my KiwiSaver provider.
If you could choose between buying a coffee from Starbucks or a locally owned cafe, I know I would choose the place where the money stays in NZ, so why not do the same with banking?"
LISTEN TO THE FULL AUDIO OF JACK TAME ABOVE