Category Archives: Banking

Man Has $5400 Stolen By ANZ Bank To Pay Unlawful Council Rates!

“Mangawhai ratepayers and residents face massive rates rates increases, initially proposed at +1800% to raise money for a “sewerage scheme” it turns out that something much more sinister and far smellier is in the works.
No democracy, no accountability, no rights and no access to justice, worst case scenario right? Well how about the disputed rates payments that are before the high court being stolen directly from citizens bank accounts?
So much stolen that you can’t even make your next mortgage payement?
This might be one of the most important cases in recent New Zealand local government and yet the media are completely ignoring it and leaving those in this community to fight for themselves.
Luckily, people like Alan Preston and chairman of The Mangawhai Residents And Ratepayers Association Bruce Rogan are there to give light to this very important issue!”

Info from video information section

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And explore Agenda 21 in relation to this. The Agenda 21 page is here., and Agenda 21 in NZ here.  Read Dr Naomi Jacobs’ ebook on this matter (on the NZ page) & why rates are rising everywhere.

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Kiwi investors don’t realise their deposits are no longer guaranteed

Oct 19, 2014  Bernard Hickey from the NZ Herald writes here on the ‘unseen risks of a fiscal haircut’. Most New Zealanders are not aware of the Open Bank Resolution….

Do you think the money you have in a bank term deposit is Government guaranteed? If so, you’re wrong, but you’re not alone.

A survey for the Financial Markets Authority by Colmar Brunton and published during Money Week found 52 per cent believed the money in a bank term deposit was guaranteed.

To be fair, during the global financial crisis, these deposits were guaranteed, from October 2008 to December 2011. Banks paid for the privilege, but that scheme is over now. So what would happen if a bank fell over? Would the taxpayers of New Zealand make sure you got all your money back?

The simple answer is we don’t know for sure.  READ FULL ARTICLE