• Why we need to use Kiwibank

    From Rich80105@3:770/3 to All on Thursday, November 17, 2016 23:27:20
    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to Australia - it probably went right over the heads of the far-right
    nz.general nutters, but the following sends a similar message in a
    slightly different way: http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Allistar@3:770/3 to All on Friday, November 18, 2016 11:00:52
    Rich80105 wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    At that piece of puerile ad hominem any further point you're trying to make
    is irrelevant.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to JohnO on Thursday, November 17, 2016 16:38:27
    JohnO <johno1234@gmail.com> wrote:
    On Friday, 18 November 2016 11:00:59 UTC+13, Allistar wrote:
    Rich80105 wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to
    Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    At that piece of puerile ad hominem any further point you're trying to make >> is irrelevant.

    I've never even seen a "far-right" posting in this ng.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.
    If there had been one they would be without a party in this country!
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to Allistar on Thursday, November 17, 2016 14:30:44
    On Friday, 18 November 2016 11:00:59 UTC+13, Allistar wrote:
    Rich80105 wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to Australia - it probably went right over the heads of the far-right nz.general nutters,

    At that piece of puerile ad hominem any further point you're trying to make is irrelevant.

    I've never even seen a "far-right" posting in this ng.
    --
    "From each according to his abilities, to each according to his needs." creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to JohnO on Friday, November 18, 2016 15:52:21
    On 18/11/2016 11:30 a.m., JohnO wrote:
    On Friday, 18 November 2016 11:00:59 UTC+13, Allistar wrote:
    Rich80105 wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to
    Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    At that piece of puerile ad hominem any further point you're trying to make >> is irrelevant.

    I've never even seen a "far-right" posting in this ng.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    Hang on a minute JohnO. That's Rich making that claim. Obviously it's
    just another figment inflicted on him by alcohol and misuse of meds.....

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to All on Friday, November 18, 2016 15:50:10
    On 17/11/2016 11:27 p.m., Rich80105 wrote:
    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to Australia - it probably went right over the heads of the far-right
    nz.general nutters, but the following sends a similar message in a
    slightly different way: http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    Why use KiwiBank? It hasn't returned a bent cent to the taxpayer and was
    only created to keep Jim Anderton on side with Labour. It's just another
    Labour failure only highlighted by your continued support of it Rich.

    Guess to be blunt: It wasn't needed when it was created and isn't needed
    now. Much like you and liddle Andy the union stooge!

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Friday, November 18, 2016 17:20:34
    On Fri, 18 Nov 2016 11:00:52 +1300, Allistar <me@hiddenaddress.com>
    wrote:

    Rich80105 wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to
    Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    At that piece of puerile ad hominem any further point you're trying to make >is irrelevant.

    Just look at this then: http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Allistar@3:770/3 to All on Friday, November 18, 2016 20:06:21
    Rich80105 wrote:

    On Fri, 18 Nov 2016 11:00:52 +1300, Allistar <me@hiddenaddress.com>
    wrote:

    Rich80105 wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to
    Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    At that piece of puerile ad hominem any further point you're trying to
    make is irrelevant.

    Just look at this then: http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    No thanks.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Crash@3:770/3 to All on Friday, November 18, 2016 21:05:30
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way: >http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further reinforcing that the dominant party in NZ Governments has never been
    committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to Allistar on Friday, November 18, 2016 21:30:08
    On 18/11/2016 8:06 p.m., Allistar wrote:
    Rich80105 wrote:

    On Fri, 18 Nov 2016 11:00:52 +1300, Allistar <me@hiddenaddress.com>
    wrote:

    Rich80105 wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >>>> Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    At that piece of puerile ad hominem any further point you're trying to
    make is irrelevant.

    Just look at this then:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    No thanks.


    Good decision there Allistar. The section is sponsored by KiwiBank. As
    usual Rich provides a dubious link to support his fantasy's.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Fred@3:770/3 to Crash on Saturday, November 19, 2016 08:55:04
    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to
    Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further reinforcing that the dominant party in NZ Governments has never been committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a
    kid's piggy bank. Same reason as I use real banks.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to Fred on Saturday, November 19, 2016 12:44:00
    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to
    Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further
    reinforcing that the dominant party in NZ Governments has never been
    committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a
    kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know
    when Westpac got the contract, but it is quite a long time ago, when
    Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Allistar@3:770/3 to All on Saturday, November 19, 2016 13:26:03
    Rich80105 wrote:

    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >>>> Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further
    reinforcing that the dominant party in NZ Governments has never been
    committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a
    kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know
    when Westpac got the contract, but it is quite a long time ago, when
    Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.

    No bank should receive any money from the government other that as deposits placed or for services rendered. The government should not be a shareholder
    in any bank. They should immediately privatise it. If they do not it is admitting that Kiwibank is not capable of surviving on it's own which in
    turn means that it is being propped up in part by the taxes its competitors pay. That's a scam!
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From greybeard@3:770/3 to All on Saturday, November 19, 2016 14:42:19
    On 19/11/16 12:44, Rich80105 wrote:
    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >>>> Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further
    reinforcing that the dominant party in NZ Governments has never been
    committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a
    kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know
    when Westpac got the contract, but it is quite a long time ago, when
    Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.


    Hmm. Just like your politics, your understanding of govt banking
    services is out of date.
    Get help here:

    http://www.interest.co.nz/business/77956/awarding-new-govt-banking-contracts-westpac-still-crowns-transactional-banking

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Crash@3:770/3 to All on Saturday, November 19, 2016 16:02:13
    On Sat, 19 Nov 2016 12:44:00 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >>>> Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further
    reinforcing that the dominant party in NZ Governments has never been
    committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a
    kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know
    when Westpac got the contract, but it is quite a long time ago, when
    Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.

    Labour directed NZ Post to get Kiwibank established. If there was any
    enduring commitment by Labour of the day to Kiwibank it would surely
    have insisted that the establishment include provision for it to act
    as its owner's banker. It did not.

    There were and are plenty of options for those looking for a bank
    totally NZ-owned - for whatever the need. The Alliance has been and
    gone and so has the Jim Anderton Progressive Party so the reason
    Kiwibank was established is long gone. Kiwibank has not been a
    commercial success in that it has failed to attract customers away
    from the overseas-owned banks. It really is time to sell Kiwibank to
    one of the other NZ-owned banks - unless its commercial value is too
    low.


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to All on Saturday, November 19, 2016 17:21:19
    On 19/11/2016 12:44 p.m., Rich80105 wrote:
    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >>>> Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country,
    and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further
    reinforcing that the dominant party in NZ Governments has never been
    committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a
    kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know
    when Westpac got the contract, but it is quite a long time ago, when
    Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.

    ffs you moronic trolling marxist muppet! Your link was sponsored by
    KiwiBank. It's a fucking add dumbo!
    Westpac's had the contract since KiwiBank was created to pay for Jim
    Anderton's loyalty to Labour.

    You've obviously finally had your last braincell die on you Rich. Or did
    your bridge land on your head last Sunday?

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Mutley@3:770/3 to Crash on Sunday, November 20, 2016 08:41:48
    Crash <nogood@dontbother.invalid> wrote:

    On Sat, 19 Nov 2016 12:44:00 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >>>>> Australia - it probably went right over the heads of the far-right
    nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to
    raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand
    products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country, >>>>> and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the
    day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a
    normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further
    reinforcing that the dominant party in NZ Governments has never been
    committed to Kiwibank beyond political requirements or the retention
    of the status quo. I can think of no other situation where the owner
    of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a >>>kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know
    when Westpac got the contract, but it is quite a long time ago, when >>Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.

    Labour directed NZ Post to get Kiwibank established. If there was any >enduring commitment by Labour of the day to Kiwibank it would surely
    have insisted that the establishment include provision for it to act
    as its owner's banker. It did not.

    There were and are plenty of options for those looking for a bank
    totally NZ-owned - for whatever the need. The Alliance has been and
    gone and so has the Jim Anderton Progressive Party so the reason
    Kiwibank was established is long gone. Kiwibank has not been a
    commercial success in that it has failed to attract customers away
    from the overseas-owned banks. It really is time to sell Kiwibank to
    one of the other NZ-owned banks - unless its commercial value is too
    low.

    The problem is that the commercial banks don't want the sort of person
    who uses Kiwi Bank. Where would they go to??

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Allistar@3:770/3 to Mutley on Sunday, November 20, 2016 10:14:42
    Mutley wrote:

    Crash <nogood@dontbother.invalid> wrote:

    On Sat, 19 Nov 2016 12:44:00 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com> >>>>> wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank >>>>>> to Australia - it probably went right over the heads of the far-right >>>>>> nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to >>>>> raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand >>>>>> products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country, >>>>>> and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the >>>>> day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a >>>>> normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further >>>>> reinforcing that the dominant party in NZ Governments has never been >>>>> committed to Kiwibank beyond political requirements or the retention >>>>> of the status quo. I can think of no other situation where the owner >>>>> of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a >>>>kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know >>>when Westpac got the contract, but it is quite a long time ago, when >>>Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.

    Labour directed NZ Post to get Kiwibank established. If there was any >>enduring commitment by Labour of the day to Kiwibank it would surely
    have insisted that the establishment include provision for it to act
    as its owner's banker. It did not.

    There were and are plenty of options for those looking for a bank
    totally NZ-owned - for whatever the need. The Alliance has been and
    gone and so has the Jim Anderton Progressive Party so the reason
    Kiwibank was established is long gone. Kiwibank has not been a
    commercial success in that it has failed to attract customers away
    from the overseas-owned banks. It really is time to sell Kiwibank to
    one of the other NZ-owned banks - unless its commercial value is too
    low.

    The problem is that the commercial banks don't want the sort of person
    who uses Kiwi Bank. Where would they go to??

    They don't want them for a reason.
    --
    "From each according to his abilities, to each according to his needs."
    creates the incentive to minimize your abilities and maximize your needs.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to Mutley on Sunday, November 20, 2016 12:24:46
    On 20/11/2016 8:41 a.m., Mutley wrote:
    Crash <nogood@dontbother.invalid> wrote:

    On Sat, 19 Nov 2016 12:44:00 +1300, Rich80105<rich80105@hotmail.com>
    wrote:

    On Sat, 19 Nov 2016 08:55:04 +1300, Fred <dryrot@hotmail.com> wrote:

    On 18/11/2016 9:05 PM, Crash wrote:
    On Thu, 17 Nov 2016 23:27:20 +1300, Rich80105<rich80105@hotmail.com> >>>>> wrote:

    There was an ad for Kiwibank on recently that pretended to be a
    marketer in Australia testing the idea of bringing an overseas bank to >>>>>> Australia - it probably went right over the heads of the far-right >>>>>> nz.general nutters,

    Why make an insulting comment like that, Rich, when you are trying to >>>>> raise an issue?

    but the following sends a similar message in a
    slightly different way:
    http://thespinoff.co.nz/economy/28-10-2016/the-new-economy-why-the-spinoff-teamed-up-with-kiwibank-to-ask-some-tough-questions/

    There have been varous campaigns over the eyars to Buy New Zealand >>>>>> products - well this shows that by buying banking services from
    Kiwibank (or Heartland or Cooperative) we could benefit our country, >>>>>> and ultimately ourlseves - its worth looking into at least!

    You are correct Rich - it is worth looking at. However Kiwibank
    originated as a directive to NZ Post by the Labour Government of the >>>>> day (around 2001) to start a bank. This directive stemmed from an
    agreement between Labour and the Alliance (lead by Jim Anderton) to
    form a coalition government. So NZ Post did not start Kiwibank as a >>>>> normal business opportunity.

    It is interesting that to this day Kiwibank have failed to get the
    business of its owner - Westpac is the Government's banker - further >>>>> reinforcing that the dominant party in NZ Governments has never been >>>>> committed to Kiwibank beyond political requirements or the retention >>>>> of the status quo. I can think of no other situation where the owner >>>>> of any business uses their biggest competitor in preference to the
    business they (ultimately) own.


    --
    Crash McBash

    The govt. doesn't use kiwibank because it's a toy bank; a bit like a
    kid's piggy bank. Same reason as I use real banks.

    The govoernment contract is largely for administration services - it
    does not provide any significant funds under management. I don;t know
    when Westpac got the contract, but it is quite a long time ago, when
    Kiwibank was quite a bit smaller than it is now. It could also be
    noted that the other major banks have not won the contract from
    Westpac either - and neither they or Kiwibank are 'toy banks'.

    Labour directed NZ Post to get Kiwibank established. If there was any
    enduring commitment by Labour of the day to Kiwibank it would surely
    have insisted that the establishment include provision for it to act
    as its owner's banker. It did not.

    There were and are plenty of options for those looking for a bank
    totally NZ-owned - for whatever the need. The Alliance has been and
    gone and so has the Jim Anderton Progressive Party so the reason
    Kiwibank was established is long gone. Kiwibank has not been a
    commercial success in that it has failed to attract customers away
    from the overseas-owned banks. It really is time to sell Kiwibank to
    one of the other NZ-owned banks - unless its commercial value is too
    low.

    The problem is that the commercial banks don't want the sort of person
    who uses Kiwi Bank. Where would they go to??

    Co operative, ASB, TSB? They're all happy to take anyone.

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)