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  1. Radionz shows how under RNZ flag it has a troubling fast-changing news headings.

    The rnz pages show headings that can’t be copied for verisimilitude!?
    Also when going to the item referred, it will have a different heading.

    So heading concerned at 2.08 pm Tuesday. according to my memory – ‘Our government won’t be cowered by the big banks’ – says Willis. Follow that up which goes to –

    Business economy
    34 minutes ago
    ComCom report: Willis adamant she wants ‘action’ on banking sector reforms

    Within that is –
    No new banks had entered the market to challenge the status quo since Kiwibank was set up, Willis said.
    She was joining the commission to call out market behaviour of the country’s four big banks – ASB, ANZ, Westpac and BNZ.
    She also acknowledged the banking lobby was strong, but “democracy is stronger, and our government won’t be cowered by the big four banks”.
    Commerce and Consumer Affairs Minister Andrew Bayly added that the government accepted the challenge laid out to it by the Commerce Commission and has wasted no time.

    “We have already scrapped the overly prescriptive affordability regulations in the Credit Contracts and Consumer Finance Act, so Kiwis will benefit from easier and faster loan processing.
    “We are implementing ‘open banking’ and are on track to meet the timeline the Commission has recommended.”
    He said open banking would make it easier for Kiwis to find services that met their needs and would make an environment for start-ups “to challenge the big established banks”.

    “We agree with the Commission that open banking has the greatest potential to promote ongoing disruptive competition in the medium to long-term and are committed to facilitating its uptake as quickly as possible.”

    The word is ‘cowed’ Ms Willis. The cowering is what individual ordinary persons like myself do when ‘our’ government feels an intense enough urge to step forth and boldly do something about money and us. Open banking – every squirt upstart who can rort us allowed to do so? ‘Hard to understand’ – no; ‘I should coco’ is my answer.

    Stay out gummint, leave the banks alone. Don’t stop barracking from the sidelines and thinking you can enter the game when you can win. In other words f…l off. We want banks with quiet integrity and good business sense not Savings and Loan USA devastation.

  2. RNZ again. The heading doesn’t seem correct – seems to be inflated in its claim.

    https://www.rnz.co.nz/news/indonz/525637/tracing-the-century-old-legacy-of-indian-participation-in-new-zealand-s-dairy-industry?

    Some Indians have had farms here since 1950’s apparently. That was in last century but doesn’t amount to a claim of 100 years when we are in 2024. Mr Gaurav Sharma is a senior journalist, so it is surprising to read confusing claims. Can his other work be relied on?

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