Latest Banks & Land Grabs

Our banks need to listen and act!

Land grabs are not only plunging affected communities into poverty; it’s also bad for business. Shona Hawkes, Sustainable Food Advocacy Coordinator, is in Chiang Mai. Shona is joining hundreds of people from across Asia at the Land Deals Politics Initiative (LDPI) conference to better understand how, and why, land grabbing is happening — and more importantly, what can be done to stop it.

Banking on shaky ground: one year on

Communities unfairly forced off their land are plunged into poverty. They often face the threat of violence for speaking out as well as food shortages, inadequate housing and poor health. In the year that’s passed since the release of our land grabs report, Australian customers and investors have shown they care deeply that their bank respects land rights.

Seen 60 Minutes? Now put pressure on CBA and ANZ to adopt zero tolerance to land grabs

Together, we’ve been campaigning for six months to have Australia’s Big 4 Banks change their policies to land grabs. In the past two weeks both NAB and Westpac have taken steps to reduce their risk of backing companies involved in land grabs. Now, the pressure is on the Commonwealth Bank of Australia and the ANZ Bank.

Hundreds of hours spent researching finance links

Over the course of a year, Oxfam has spent hundreds of hours researching and documenting links between Australia’s big banks and multinational agriculture and timber businesses that are land grabbing in some of the world’s poorest communities. Since our report was issued both the NAB and Westpac have developed policies to better respond to the issue of land grabs.

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