World News

The Voice: ANZ Bank Generously Donates $2 Million to Support the ‘Yes’ Campaign


ANZ Bank is the first major bank to publicly announce its support for the Indigenous Voice to parliament.

ANZ Bank has become the first commercial bank in Australia to publicly announce its support for the Indigenous Voice to Parliament.

During a parliamentary inquiry hearing on Sept. 20, ANZ CEO Shayne Elliott confirmed that his company had donated $2 million (US$1.28 million) to the Yes campaign to alter the Constitution.

The Voice is an initiative by the Labor government to embed an advisory body into the Australian Constitution that will have the power to make “representations” to parliament on issues concerning Indigenous people.

Related Stories

The federal government will hold a referendum on Oct. 14, and all eligible Australians must vote to decide whether the country needs such a body.

“Although that would be made public a few weeks after the referendum, it’s been publicly reported that major companies like ANZ have made donations in the region of sort of $2m, and we’re certainly in that range,” Mr. Elliott said, as reported by The Australian newspaper.

While the CEO said ANZ did not officially provide any other form of support to The Voice, he noted that some of the bank’s employees might offer their free time to help the campaign.

“I think a couple of our people may have taken some time to donate their time, but not in an official ANZ way,” he said.

Mr. Elliott also admitted that one of his workers got paid to support the Yes campaign.

ANZ Criticised for Supporting The Voice

Nationals Senator Matt Canavan criticised the bank for its involvement in The Voice, saying most Australians were against it and that ANZ was not in line with its customers’ interests.

“I would have hoped banks would be doing everything they could do to keep interest rates down so people can keep their homes. But these kind of frivolous donations make it hard to think that banks really care about how tough people are doing,” he said.

The senator also called out on ANZ for its closure of branches in remote and rural areas.

Nationals Senator Matthew Canavan at a press conference at Parliament House in Canberra, Australia on Jun. 22, 2021. (AAP Image/Mick Tsikas)
Nationals Senator Matthew Canavan at a press conference at Parliament House in Canberra, Australia on Jun. 22, 2021. (AAP Image/Mick Tsikas)

“A big frustration of [the] people here at the moment with the bank’s closure is the disconnect between the priorities of major banks and major corporate institutions, be it The Voice, be it climate [change], be it other right issues, and the services people are lacking in the bush,” he said.

In recent years, Source link

TruthUSA

I'm TruthUSA, the author behind TruthUSA News Hub located at https://truthusa.us/. With our One Story at a Time," my aim is to provide you with unbiased and comprehensive news coverage. I dive deep into the latest happenings in the US and global events, and bring you objective stories sourced from reputable sources. My goal is to keep you informed and enlightened, ensuring you have access to the truth. Stay tuned to TruthUSA News Hub to discover the reality behind the headlines and gain a well-rounded perspective on the world.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.