Media Appearances
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
Media Appearances
Stuff.co.nz - NZ prepares to join the ‘open banking’ revolution
- “We are very open to have conversations, but so far there’s no regulator which has consulted publicly on it.” Scott-Howman stresses the importance of security of people’s financial data.
Media Appearances
Stuff.co.nz - Buyers caught out by home loans falling through
- “Banks are particularly interested in the borrower’s ability to repay the loan, and the security provided for the loan. People seeking home loans need to be up front with the bank about their personal circumstances, such as existing financial obligations and outgoings.”
Media Appearances
Interest.co.nz - FMA’s BKBM guidance hailed as ‘pragmatic, practical and sensible’ guidance that ‘stands out globally’
- “We’re particularly pleased that the FMA has confirmed there are no systemic conduct issues around the use of the benchmark. That provides an assurance that banks can use the rate with confidence,” Scott-Howman says.
Media Appearances
Interest.co.nz - NZBA opposes debt-to-income ratio macro-prudential tool and suggests a serviceability interest rate instead
- NZBA has come out against the Reserve Bank adding a debt-to-income ratio tool to its macro-prudential toolkit. But the bank lobby group has suggested a serviceability interest rate, or SIR, as a potential alternative.
Media Appearances
Interest.co.nz - Alex Sims on why the Government needs to get up with the play and start regulating cryptocurrencies
- The New Zealand Bankers’ Association has repeatedly denied claims its members apply “blanket de-risking” policies. Rather it says banks consider prospective clients’ risks on a case-by-case basis.
Media Appearances
NZ Herald - Hunt for Rawshark sees police rapped again for ‘unlawful’ search of banking records
- “They only provide information to the Police when they receive a production order that legally requires them to provide information or when the request complies with the Privacy Act.”
Media Releases
Money Week: What does debt do for you?
- Debt can finance personal, household and business needs and aspirations. That’s the New Zealand Bankers’ Association’s response to Money Week’s big question: what does debt do for you? “We often need to borrow money to buy our own home or get a business off the ground. That’s the kind of debt our banks are here to... Read more »
Media Appearances
Radio NZ - Legal action against Australian bank could affect NZ
- August 12, 2017 – Climate change is recognised as a potential financial risk by New Zealand banks and the NZBA is working with groups such as Deep South Challenge to get a greater understanding of the risks from climate change on investments, said chief executive Karen Scott-Howman.
Media Releases