The Prime Minister wants to see self-reflection from banks in light of bumper profits
The Prime Minister wants to see self-reflection from banks in light of bumper profits
7 November 2022
It comes as Westpac New Zealand's made a billion-dollar profit -- an increase of 12 per cent over a year.
While Jacinda Ardern won't be implementing Government intervention to address this, she asks that companies assess their social responsibility.
She says maybe banks themselves should at their profits, and ask whether in this environment there's a way they can better support their customers in this environment.
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