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Financial Services - Policy Summary

Russel Norman MP
Russel Norman MP
russel [dot] norman [at] parliament [dot] govt [dot] nz (Email)

Download the Financial Services Policy as PDF

Background

This position paper outlines the Green Party's response to the challenge of restoring health, integrity and sustainability to New Zealand's financial services sector.

Vision

The Green Party envisions a transparent, well regulated and accountable financial services sector that is fiscally prudent (to the extent that it does not impose costs on the taxpayer), and able to provide the capital needed to fund a resilient, smart green economy.

Key Principles

New Zealand's financial services sector should:

1. Provide the finance and services that citizens, business and government need;

2. Contribute to a stable economy and lend only what is sustainable for citizens, business and government to service;

3. Be profitable to its shareholders and contribute to society via dividends and taxation.

4. Be answerable for the consequences of negative externalities that it imposes on the New Zealand community.

For more detail, see the full Financial services policy.

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