There's a fine political tradition of slamming profits

Former prime minister Jacinda Ardern resorted to bank-bashing. (Image: Getty)

Tue, 14 Mar 2023

When National Party spokeswoman Nicola Willis called for an inquiry into banks’ profitability, she was stepping into a hallowed multi-party political tradition of attacking businesses for making profits.Former New Labour party leader and deputy prime minister Jim Anderton famously used to rail against rising petrol prices, as if any NZ politician could influence the doings of the Organisation of the Petroleum Exporting Countries (Opec) cartel.Former National leader Judith Collins, before she became leader, similarly indulged in bashing th...

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