31 Aug 2018

Bank closures devastating for small centres - locals

From Morning Report, 8:24 am on 31 August 2018

Australian-owned banks are under fire for abandoning New Zealand rural centres. Regional Economic Development Minister Shane Jones said on Morning Report yesterday the banks are putting profits ahead of their responsibilities. Martinborough, in Wairarapa, is one of the towns facing losing its last bank branch. The BNZ shut up shop last year, and the ANZ is now proposing to do the same. Corlette Doherty is a rest home manager in the town. She talks to Guyon Espiner.