Source: ACT Party
Responding to the draw of the Financial Markets (Conduct of Institutions) Amendment (Duty to Provide) Amendment Bill:
“Finally, the House of Representatives will have a chance to debate the wokery in the banking sector that has seen farmers and other unfashionable sectors treated like second-class borrowers,” says ACT Rural Communities spokesperson Mark Cameron, who is also leading an inquiry into rural banking practices.
“The ACT team will be looking at the detail of this bill. We’ll continue to make the case for tackling woke banking practices at its cause. That includes the Net Zero Banking Alliance, which major banks in the United States, Canada, and Australia are rightly fleeing. We’ve also challenged the stupid climate commitments placed on banks by the Financial Markets Authority.
“In the meantime, I’m celebrating the fact that these issues, once only discussed with frustration across the farm fence, are now being addressed in New Zealand’s highest chambers of power.”
