irene wrote
i know that some years back westpac were the bankers for atsic monies,
might be worth checking if that is still the situation. if they are this
message should be sent to all commissioners, regional councillors demanding
action, in particular focus sent to the chairperson, whoever that may be
following the elections...iw.
----------
> From: Trudy and Rod Bray <[EMAIL PROTECTED]>
> To: RecOzNet2 <[EMAIL PROTECTED]>
> Subject: [recoznet2] Brisvegas Jabiluka/Westpac Action
> Date: Friday, December 03, 1999 9:39 AM
>
> Forwarded from Christine Howes:
>
> >From the Jabiluka list
>
> Westpac and Jabiluka Thursday December 16th
>
> Thursday December 16th marks the AGM of the Westpac Banking Corporation
> (WBC),
> to be held at Darling Harbour, Sydney. This presents a fine opportunity
> for
> Westpac customers all over Australia to join in the fray and protest the
>
> banks'
> massive and central involvement in the doomed Jabiluka project.
>
> Consequently, we are requesting that the Brisbane branch of
> Westpac categorically deny, in writing, that it is going to support an
> advance
> of any further cash by WBC to the Jabiluka project - specifically, about
>
> $200million. If you think this is far-fetched, then remember that this
> bank
> has an environmental policy which is supposed to exceed community
> expectations
> and live up to a special UN declaration for banks. And that the
> Jabiluka-sited
> uranium mining and uranium-processing project has been roundly labelled
> as
> not
> the most environmentally ideal - even by the mining company !
>
> For Brisbaners, be at Westpac at Post Office Square, Queens St, at 12.30
> for
> about 30-45 minutes. Let us know if you would like to participate in a
> symbolic
> or actual 'account closing' action - we are aiming for at least 20
> people
> participating in this.
>
> It does not matter if the account is only a little one, and you think it
>
> wont
> affect the bank's decision...it will. That's because the mining
> company's
> own
> shareholders have proved hesitant about the value of the Jabiluka mine,
> by having abstained in droves from casting a vote on the North Ltd
> Boards'
> rejection of an independant review into the project, among other things.
>
> The
> WBC should be encouraged to be conservative and heed this plain warning
> of
> unwise and unethical financial risk.
>
>
> List Lurkers MOST welcome. ; )
> Feel free to passs this note around, and, by all means, invite others.
>
> If youd like to help organise props and be 'updated'etc, drop me a line,
>
> and,
> ideally come along to a JAG meeting
>
> 166 Ann St School of Arts Building, upstairs
> Monday December 6th. 7pm
> or
> The Wilderness Society office
> upstairs near Avid, Boundary St West End
> any Thursday 6.30pm
>
>
> Jodie
> for Bris JAG
>
>
>
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