AUSTRALIA: The newly created Bank Australia has recently implemented a policy to stop issuing loans for new gasoline and diesel cars from 2025 onwards.
This new policy is designed to prevent customers from purchasing non-electric cars in line with United Nations and global Climate Change agendas.
In a statement released by Bank Australia Chief Impact Officer Sasha Courville, she said “Ultimately, our announcement today is the beginning of a conversation with our customers and a signal to the wider market that if you’re considering buying a new car, you should seriously think about an electric vehicle – both for its impact on the climate and for its lifetime cost savings.”
Even though the decision won’t take effect until 2025, when it does, the bank will only issue loans on used non-electric vehicles until the market offers a reasonable number of used electric vehicles.
The reason stated for this decision is that Bank Australia wants to reach net-zero emissions by 2035.
EDITOR: Another corporate, virtue-signaling to their marketplace. Personal choice is being eroded by this type of corporate totalitarianism. They actually believe they know what is best for you, your business, family and country. They can enact whatever policies for their own buying decisions but when it erodes on customer choice it is straight-out control of a client’s free will. Choose your bank with care.
