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Checking out: Last day for ANZ customers to use cheques

Bank term deposit rates are so low savers can t be bothered putting savings in them

One million neuro-different people failed by bank branch closures, and withdrawal of cheques, select committee told

NZ PARLIAMENT Guy Pope-Mayell, chairman of Dyslexia NZ tells MPs about how stressful internet banking can be for neuro-different people. More than a million low-vision, elderly and “neuro-different” New Zealanders have been let down by the withdrawal of cheques, and the closure of bank branches, MPs have been told. National Party MP Andrew Bayly called for an inquiry into how branch closures, and the ditching of cheques, including by government agencies like ACC, Inland Revenue and Kiwibank, had made it harder for “vulnerable” people to manage their money lives. Bayly called for the inquiry after hearing the story of a dyslexic Pukekohe man too afraid to use internet banking, who was told by his bank to drive to another town to a branch to see a teller.

Older Kiwis turn to house-sharing for company and support

Christel Yardley/Stuff Andrea Hall, left, moved in with Eileen Bell in mid-July as part of a ‘homeshare’ scheme that has enabled the 98-year-old to remain in her home of 22 years, and maintain her social connections. The ad was listed by Eastern Bay Villages - a group that offers community support to older Kiwis in the Bay of Plenty. Coordinator Ruth Gerzon said home-sharing had multiple benefits. “An older person living alone has a younger person to live rent-free with them for ten hours support a week,” she said. “This enables older people to avoid a rest home, and younger people to save for their own home.

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