View Full Version : National Gubbinment, PLEASE sell Kiwibank!
Swoop
18th August 2008, 15:15
After having the utmost pleasure of standing in a queue that Communist Russia would be proud of, I have just succeded in posting off a parcel.
Big fu**ing deal? Well it wouldn't have been if all the great unwashed had a proper bank to go into to pay their electricity bill, tell-lie-con bill and withdraw loot$$.
National. Sell the bastard off and let us have back a post office that... ooh, I dunno, "post's stuff"!!
Magua
18th August 2008, 15:38
Small post office? Bigger ones seem to have lines for kiwibank custombers and lines for the post office.
Mully
18th August 2008, 15:40
I don't understand why anyone needs to go into a bank branch anymore, unless it's to cash a cheque (I mean actually cash one).
We do everything on-line or via ATM. Honestly people, get with the times.
firefighter
18th August 2008, 15:43
I don't understand why anyone needs to go into a bank branch anymore, unless it's to cash a cheque (I mean actually cash one).
We do everything on-line or via ATM. Honestly people, get with the times.
you took the words right out of my.....er...fingers, was going to write that myself!.
firefighter
18th August 2008, 15:44
After having the utmost pleasure of standing in a queue that Communist Russia would be proud of
Hahahaha, brilliant description (stealing that for later use)
Forest
18th August 2008, 16:00
After having the utmost pleasure of standing in a queue that Communist Russia would be proud of, I have just succeded in posting off a parcel.
In Melbourne the expats prefer to use the terms Helengrad or Clarkistan.
Skyryder
18th August 2008, 16:13
I think you are getting mixed up with NZ Post. Kiwbank don't handle parcels.
Skyryder
avgas
18th August 2008, 16:28
nah i think we should keep it - they should have their own offices thats all - have an atm at the P.O........not the whole fricken bank.
Imagine the future - you could get your WOF at the P.O. too
what hell would that be
merv
18th August 2008, 18:57
I think you are getting mixed up with NZ Post. Kiwbank don't handle parcels.
Skyryder
They do when its a joint agency like we have in Porirua, or the new one just opened in Lower Hutt.
Swoop
18th August 2008, 20:00
I think you are getting mixed up with NZ Post. Kiwbank don't handle parcels.
Most definately not. There are two service counters yet both handle postal items (myself on the verge of) and Kiwiwank's customers and their inordinate supply of bills.
pete376403
18th August 2008, 20:39
Why are you blaming NZ Post/ Kiwibank because the utilities (Telecom, power co's, etc) no longer accept your payments at their own office? Or have an office in every small town and suburb? You should be f*cking thankful NZ Post/KB IS making the effort, or you'd be travelling across town or worse to pay the bill before the bastids cut off your power, phone, gas, etc.
National and it's supporters cannot stomach the fact that there is an alternative to foreign ownership of banks. Funny that a former National PM is now the chairman of kiwibank
MisterD
18th August 2008, 20:55
National and it's supporters cannot stomach the fact that there is an alternative to foreign ownership of banks.
Do you get a warranty with the lefty bullshit that you just bought? Would you care to address that question to the Southland Building Society, for example?
Governments are for doing stuff like defence (remember when we used to do that?) and the economy. Not banks and train sets, what's next? A government owned supermarket?
Swoop
18th August 2008, 21:23
Why are you blaming NZ Post/ Kiwibank because the utilities (Telecom, power co's, etc) no longer accept your payments at their own office?
I have no problem with payments and find interdweeb banking to be far more efficient. Those still living in the dark ages seem to go to Kiwiwank to queue up and pay their bills there. Seperate the two entities so those of us wanting a bloody stamp are not inconvenienced by the "el-cheapo" "shoehorn a bank in with that post-office" crowd.
xwhatsit
18th August 2008, 21:43
Governments are for doing stuff like defence (remember when we used to do that?) and the economy. Not banks and train sets, what's next? A government owned supermarket?
Yes, because privatisation worked out excellently, didn't it:sweatdrop
merv
18th August 2008, 22:04
Yes, because privatisation worked out excellently, didn't it:sweatdrop
Yeah we got cheap power like Max Bradford promised, and Telecom gives us a fantastic world class internet network, and AirNZ did so well investing in Ansett etc etc.....
The sale of core tax payer owned infrastructure and business assets to me seemed to be the con of the century because the greedies don't invest enough in development because it comes off the annual bottom line and they want instant returns.
RantyDave
19th August 2008, 05:46
Governments are for doing stuff like defence (remember when we used to do that?) and the economy. Not banks and train sets, what's next? A government owned supermarket?
Governments should buy/pay for/do things which benefit the population more than the owners of the facilities in question. Hence roads. A health system. An education system (kinda). Or "train sets". And if a government owned bank benefits the population more than it benefits the population more than it costs then we should have it. And if broadband infrastructure benefits the population more than it costs then we should have that too.
Dave
Dino
19th August 2008, 07:12
Ignoring all the side issues and political statements. All I am asking is if the so called "management" at NZ Post/Kiwibank see people lined up out the doors everyday why not do something about it, or are they happy to see their customers standing in line for half an hour??
.
Patch
19th August 2008, 07:55
I remember going to the Post Office and doing some banking, now we go to the bank to do our post officing.
No how frustrating it can be a Swoop. At least in the ole days they used to speak engwish, fark knows wot they call it these days.
Swoop
19th August 2008, 09:18
I remember going to the Post Office and doing some banking, now we go to the bank to do our post officing.
No how frustrating it can be a Swoop.
I'm definately going to try just that. The next time I need to post a parcel, I'm going to take it to ASB Bank and see what their reaction will be...:cool:
MisterD
19th August 2008, 09:36
Governments should buy/pay for/do things which benefit the population more than the owners of the facilities in question. Hence roads. A health system. An education system (kinda). Or "train sets". And if a government owned bank benefits the population more than it benefits the population more than it costs then we should have it. And if broadband infrastructure benefits the population more than it costs then we should have that too.
Q:How much has Kiwibank cost for 3% market share?
A: we don't really know, because the subsidy is hidden in the post office numbers
Q: Where is the world do 100% state-run institutions actually give decent outcomes?
A: Cuba. Obviously no trade-offs on anything else then. [/sarcasm]
Quasievil
19th August 2008, 09:58
yeah sell it, if anyone would want it !!!
Stick KIWI in front of anything and the mindless thinks its a national fucking icon.
What business has the government got in banking anyway
Mikkel
19th August 2008, 10:22
Most other NZ banks are dinosaurs compared to Kiwibank. Old, absolete and australian... a bit like Holdens really.
Any kind of innovation on the banking scene is very welcome I have to say. Banking here is very expensive and full of hidden fees and all sorts of bullshit. You really ought to appreciate any bank that tries to change that - not to say that Kiwi bank is perfect by any means.
oldrider
19th August 2008, 10:28
New Zealand "is" a Socialist country!
Socialist's want the government to control "EVERYTHING"! :crybaby:
Big business "out" :confused:
Big government "IN" :eek:
Socialist majority happy! :stupid:
God help us, Cuba of the South Pacific coming up. :doh: John.
Mully
19th August 2008, 11:21
absolete
Isn't that a type of vodka?
Absolete Banking.....
I actually like the idea of Kiwibank. I do idly wonder if the only reason they are making money is because the have got the "Branches" inside Post Offices (costs being disguised in NZ Post's overheads), which blows out NZ Post's service delivery if they only have one queue. (and if you have tried to get anything resembling service from NZ Post recently....... ye gods)
Ixion
19th August 2008, 11:24
Kiwibank pay market rates to NZ Post for the services and space they use. There is no subsidisation or "free rides" except maybe at the very high strategic level (ie I don't suppose they pay for strategic input provided by the Minister, whereas another bank might have to pay a Chairman of the Board for that)
Mully
19th August 2008, 11:29
Kiwibank pay market rates to NZ Post for the services and space they use. There is no subsidisation or "free rides" except maybe at the very high strategic level (ie I don't suppose they pay for strategic input provided by the Minister, whereas another bank might have to pay a Chairman of the Board for that)
Really?? That's interesting.
Of course, they will be paying less than the market rent of a full branch (they are only renting a percentage of the shop). Plus staff that do both roles will be paid by both companies, so there will be some savings there.
Still, that's pretty impressive to be paying market rates. They must be doing something right to still be making money.
We aren't with them because their mobile mortgage person refused to return three e-mails and three phone calls when we swapped banks.
avgas
19th August 2008, 11:42
Most other NZ banks are dinosaurs compared to Kiwibank. Old, absolete and australian... a bit like Holdens really.
Any kind of innovation on the banking scene is very welcome I have to say. Banking here is very expensive and full of hidden fees and all sorts of bullshit. You really ought to appreciate any bank that tries to change that - not to say that Kiwi bank is perfect by any means.
Errr.... you new here aren't you.
You see this is what they do to entice you....sink their teeth in.
They don't drain your blood for another 2-5 more years i reckon.
I went to an aussie bank many years ago as i did not want to be bleed dry for the sake of the country. Never looked back and now i actally make money in a savings account. Not only that but i do not have to worry about any NZ finance co. collapsing.
Signed
"Another Bitter PostBank victim"
merv
19th August 2008, 13:29
God help us, Cuba of the South Pacific coming up. :doh: John.
Are you trying to tell us that the great metropolis of Otematata will actually be different with a change of government?
I reckon you guys will just keep on keeping on like you always have.
I thought your mrs was a pensioner now too, so she'd be happy to keep a socialist government wouldn't she :niceone:
Dilligaf
19th August 2008, 13:29
Yeah we got cheap power like Max Bradford promised, and Telecom gives us a fantastic world class internet network, and AirNZ did so well investing in Ansett etc etc.....
.
Crikey! :blink: I almost thought you were serious for a minute.
:confused:
Any kind of innovation on the banking scene is very welcome I have to say. Banking here is very expensive and full of hidden fees and all sorts of bullshit. You really ought to appreciate any bank that tries to change that - not to say that Kiwi bank is perfect by any means.
You are joking right? We're with Westpac and pay ZERO fees. If you have a mortgage with a bank, tell them that's enough money they are getting and organise your accounts so that you are not paying extra. Our mortgage is with Westpac as are our other accounts and we pay no fees for anything. The secret is to ask. :sunny:
Sanx
19th August 2008, 13:37
Q: Where is the world do 100% state-run institutions actually give decent outcomes?
If you talk public transport systems, then France, Germany, Switzerland. Most countries have a government-owned postal service too.
There are some things that governments should provide as a state-run service: healthcare, public transport, highways infrastructure - nationwide things of that nature. I'd also be tempted to add telecommunications into that list, in this connected age. Everything else should be left to the market.
avgas
19th August 2008, 13:51
Are you trying to tell us that the great metropolis of Otematata will actually be different with a change of government?
Hey, i thoroughly enjoyed my stay there - but the AWA AM radio im my motel room was broken.
But the grub for brekky was absolutely fantastic - i felt so good that i donned my PPE gear and immediately got to work.
Then when the job was finished i thrashed my hire camry all the way back to Queenstown airport to catch my flight home.
Best working holiday ever.
oldrider
19th August 2008, 20:09
Hey, i thoroughly enjoyed my stay there - but the AWA AM radio im my motel room was broken.
But the grub for brekky was absolutely fantastic - i felt so good that i donned my PPE gear and immediately got to work.
Then when the job was finished i thrashed my hire camry all the way back to Queenstown airport to catch my flight home.
Best working holiday ever.
So you were the "other" guy in town that day! :shifty: Sorry I didn't say g'day. :lol: Cheers John.
oldrider
19th August 2008, 21:19
Are you trying to tell us that the great metropolis of Otematata will actually be different with a change of government?
Otematata has survived quite a few changes of government with little change because of it, apart from the increase in cost of living here.[/I]
I reckon you guys will just keep on keeping on like you always have.
[I]I certainly hope you are correct merv.
I thought your mrs was a pensioner now too, so she'd be happy to keep a socialist government wouldn't she :niceone:
Yes, we both are indeed in that respect but in spite of, rather than because of our self serving Socialist governments!
We have paid the premiums for over forty five years, so when the policy matures we expect to be paid out too, just like any other insurance policy we have paid into until maturity!
They shifted the goal posts on us once, I quite expected them to do it again but for the timing of this election, saved by the bell, I reckon! :yes: Cheers John.
Mikkel
19th August 2008, 21:37
Isn't that a type of vodka?
Absolete Banking.....
I bloody well misspelled obsolete again didn't I?
Dunno why I do that - maybe some weird connection with absolve in my brain... :scratch:
The vodka - Absolut - is absolutely the best value for money IMHO.
Swoop
29th August 2008, 12:41
From the Harold...
Marketing with numbers - always tricky: A reader writes: "If Cherie says that late last week the counter on the Kiwibank Downtown Shopping Centre billboard was at 326,000, then Kiwibank are experiencing something of a customer exodus, as today the counter, though still counting up, was at 275,000. Maybe something to do with John Key and Bill English's plans for the "second term"? And isn't it funny how at any given time of the day (oh, let's say 2.30am Sunday), the counter suggests that roughly 30 people every 10 seconds are "joining the movement"? At such a rate, there are just under 260,000 new customers each day, which means that in just over two weeks, the entire population of New Zealand will have joined. Whatever the case is, the inconsistencies can hardly be supportive of the patriotic ad campaign that implies all the Aussie banks are out to trick us.
Sparrowhawk
29th August 2008, 13:46
Swoop, I agree. You should be able to go to the post office and post shit.
It's funny how labour is saying how great kiwibank is. They save $$ by using NZPost space, NZPost staff, make extra money by accepting bill payments over the counter, yet the tax payer STILL has to give them MILLIONS each year. Oh great. Free account. Whoop-de-shit if I still have to pay for them to keep their doors open even if I'm not a fucking customer (which I'm not).
Oh yeah, while we're at it, let's dog the aussie owned banks. Never do anything for new zealand (let's choose to forget the westpac rescue helicopter, BNZ Save the Kiwi, and BNZ's sponsorship of Preventing Violence in the Home, and all the cash the aussie banks pour into sports & arts)
Fuck off kiwi bank. Take labour with you.
jrandom
29th August 2008, 13:51
The vodka - Absolut - is absolutely the best value for money IMHO.
Pint bottles of Stoli with tear-off foil caps ftw.
nudedaytona
29th August 2008, 14:19
Yeah we got cheap power like Max Bradford promised, and Telecom gives us a fantastic world class internet network, and AirNZ did so well investing in Ansett etc etc.....
The sale of core tax payer owned infrastructure and business assets to me seemed to be the con of the century because the greedies don't invest enough in development because it comes off the annual bottom line and they want instant returns.
The issue here is market structure, not ownership. While telecom's internet services aren't good, they would not be any better if telecom was government owned, remember that it used to take a month to get your phone line connected? (Well I don't I'm too young, buts that's what I've heard). And its hard to see how electricity would be any cheaper if we had the government monopoly ECNZ still running electricity.
Most people can get cheaper electricity if they switch, even you - how about you stop moaning about it and actually look how much you're paying compared with other power cos in your area.
Air NZ overpaying for Ansett and not competing effectively in Oz was a business decision that went wrong, although it certainly didn't help that Keating renegged on his open skies promise. Any airline, whether govt or privately owned, could have made the same mistake and there are plenty of airlines that have done worse.
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