Finsec registers as third party under Electoral Finance Act

Finsec has now joined other unions including the Engineers, the Service and Food Workers Union and teachers’ union NZEI, in registering as a third party under the Electoral Finance Act. Finsec General Secretary Andrew Casidy said that Finsec was not aligned to any political party and valued its political independence, but that advice through the New Zealand Council of Trade Unions was that it is prudent to
register as a third party in order to participate in the debate about issues leading up to the election.

“While we have concerns about the prescriptive nature of the Electoral Finance Act, we want to be able to talk about issues such as which parties support our Better Banks Fair Lending provisions,” said Andrew Casidy.

“It is likely that many of our normal Finsec activities will be counted as “election advertising” under the broad definitions of the Act, so we have taken the step of registering to ensure our union can have a voice in the lead up to this important election and that our activities are safely within the law.”


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