Grant Chapman

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Grant Chapman
Member of the Australian Parliament
for Kingston
In office
13 December 1975 – 5 March 1983
Preceded by Richard Gun
Succeeded by Gordon Bilney
Senator for South Australia
In office
1 July 1987 – 30 June 2008
Personal details
Born 27 April 1949 (1949-04-27) (age 62)
Adelaide, South Australia
Nationality Australian
Political party Liberal Party of Australia
Alma mater University of Adelaide
Occupation Oil executive, management consultant, director MyATM

Hedley Grant Pearson Chapman (born 27 April 1949) is an Australian politician.

Born in Adelaide, South Australia, Chapman was educated at the University of Adelaide and worked as a marketing executive in the oil industry and a self-employed management consultant prior to gaining Liberal Party pre-selection for the federal Division of Kingston in the House of Representatives. Elected as part of Malcolm Fraser's landslide win, Chapman served in the House of Representatives until his defeat at the 1983 federal election. He returned to federal politics in 1987 as a member of the Australian Senate representing South Australia, and was defeated at the 2007 election where Chapman was third on the SA Liberal ticket but only two Liberal candidates were elected.

Grant Chapman is a director of MyATM, a The Third Party Automatic Teller Machine service in Australia. These services are becoming increasingly controversial on account of the amount of money it is costing the Australian Public despite initial arguments that competition would lead to lower ATM fees. “Consumers tell us that ATM fees are excessive and unfair" say authors of the report The price of disloyalty: Why competition has failed to lower ATM fees"There is substantial public opposition to ATM fees. Survey results indicate that the great majority of Australians (82%) believe it is unfair for banks to charge $2 to use their ATMs. Survey findings also corroborate the Reserve Bank's claim that consumers have changed their behaviour in order to avoid paying third-party ATM fees now that they are more aware that such fees exist."[1]

As a politician, it was Chapman who "triggered the move to a new direct-charge system for ATMs, promising fees would fall by two-thirds" as has been pointed out by John Rolfe, consumer affairs reporter at the Daily Telegraph in the article Grant Chapman Cashing in as an ATM Salesman "now he says they won't fall at all. And as a budding businessman he is selling $1 million worth of cash machines a month, promising a minimum return of 20 per cent a year"[2]

[edit] References

  1. ^ http://www.apo.org.au/research/price-disloyalty-why-competition-has-failed-lower-atm-fees
  2. ^ http://www.dailytelegraph.com.au/money/grant-chapman-cashing-in-as-an-atm-salesman/story-e6frezc0-1225772015869

http://www.senatorchapman.com/about_grant.html

Parliament of Australia
Preceded by
Richard Gun
Member for Kingston
1975–1983
Succeeded by
Gordon Bilney


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