Mr. Chair, we accept their advice, but we have no idea what their argument is because they have not revealed anything about their study on banking services.
In most industrialized countries, including the United Kingdom, France, Switzerland, Italy and Japan, postal outlets offer banking services. Even New Zealand created the Kiwibank in 2002 and it now generates 70% of New Zealand's postal service profits.
Why would we be unable to do it when the rest of the world can? Are we not as smart as other countries?