Keep it in New Zealand
Kiwibank reported yesterday it had doubled its tax-paid profit for the year to June 30 to $15.8 million.
The big four, ANZ National Bank, ASB Bank, Bank of New Zealand and Westpac, have collectively reported about $2.5 billion in profits this year, which has been taken offshore.
It absolutely galls me that the Government continues to use foreign owned banks for its banking services.
There are two New Zealand owned Banks that could more than adequately service the banking requirements of the government.
Its about bloody time that the government started supporting its own!
At least then some of my tax dollars wouldn't appear as profit in an overseas balance sheet.
The big four, ANZ National Bank, ASB Bank, Bank of New Zealand and Westpac, have collectively reported about $2.5 billion in profits this year, which has been taken offshore.
It absolutely galls me that the Government continues to use foreign owned banks for its banking services.
There are two New Zealand owned Banks that could more than adequately service the banking requirements of the government.
Its about bloody time that the government started supporting its own!
At least then some of my tax dollars wouldn't appear as profit in an overseas balance sheet.
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