Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.

Media Releases

Moves to lift quality of regulation welcomed

- The New Zealand Bankers’ Association today welcomed the government’s response to the Productivity Commission’s recommendations to improve regulation in New Zealand. “We support any moves to improve the quality of regulation in New Zealand and it’s good to see the government acknowledging that more needs to be done in this area,” said New Zealand Bankers’... Read more »
Media Appearances

NZ Herald - Why credit card rates won’t be coming down

- “Some people pay no interest on their credit cards, or they have a low interest credit card. Often they go for the higher interest product because of the loyalty offerings and because they pay the card in full before the interest free period ends.”
Media Appearances

Radio NZ - Investors see impact of new loan rules

- Bankers’ Association chief executive Kirk Hope said retail banks were honouring pre-approvals to property investors made prior to 16 June, but all new applications were being approved on a case by case basis.
Media Appearances - Banks warn of loophole in Government plan to track foreign buyers

- “This…does not provide the outcome that the Government is seeking, which is to ensure that the person is fully identified and verified,” Hope wrote. The banking industry is pushing for real estate agents and lawyers who have the relationships with property buyers should meet the obligation to verify their identity.
Media Appearances

NZ Herald - Racial bias in mortgage lending exposed

- New Zealand Bankers’ Association chief executive Kirk Hope said racial stereotyping was not in the banks’ or their customers interests especially within such a competitive part of the banking sector.