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Writer's pictureThe Beagle

Narooma NAB: maybe it is time for a Local Government bank


The Beagle Editor,

If our Council and Councillors are going to get involved in the current Narooma NAB closure matter, they need to develop a community supported business plan to present as a report at a council meeting, so genuine community discussions and involvement can occur. The plan could involve discussion with all New South Wales Regional and Rural Councils on the basis NSW regional and rural Council’s collectively ran and operated their own banks investing in and supporting local community’s.

Deregulation of the financial sector has caused all sort of regional and rural problems as well as economic stability in rural and regional NSW. Allan Brown Catalina


NOTE: Comments were TRIALED - in the end it failed as humans will be humans and it turned into a pile of merde; only contributed to by just a handful who did little to add to the conversation of the issue at hand. Anyone who would like to contribute an opinion are encouraged to send in a Letter to the Editor where it might be considered for publication

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