NZ politician pushes bill to prevent banks from denying loans to rural businesses based on ideology.

New Zealand's Shane Jones is pushing a bill to stop banks from denying loans based on ideological preferences, focusing instead on legal and social responsibilities. Federated Farmers supports the bill, concerned that banks are refusing loans to legal rural businesses, like petrol stations, based on emissions targets rather than financial criteria. The group is fighting for fair access to credit and banking competition.

2 months ago
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