Media Releases

Strong banking sector highly competitive – FIPS

16.02.2017

KPMG’s Financial Institutions Performance Survey for the 2016 financial year has found that the strength of the New Zealand banking sector continues to underpin its performance. 

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Phone scam targets elderly

03.02.2017

The New Zealand Bankers’ Association has issued a warning to beware fraudsters pretending to be utility companies and banks, and targeting elderly people.  

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Telephone survey scam warning

19.01.2017

The New Zealand Bankers’ Association today warned people to beware a telephone survey scam.

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New Zealand Bankers’ Association welcomes Industrial and Commercial Bank of China

11.01.2017

The New Zealand Bankers’ Association announced today that the Industrial and Commercial Bank of China (New Zealand) Ltd has joined the association, bringing the total number of member banks to 16.

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Warning: credit card chargebacks and risky online investments

14.12.2016

The New Zealand Bankers’ Association today supported the Banking Ombudsman’s warning that you shouldn’t expect to be reimbursed for authorised credit card payments to risky binary options trading websites.  

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Beware financial crime this festive season

09.12.2016

As New Zealanders prepare to go on their summer holidays the New Zealand Bankers’ Association cautions people to watch out for financial crime. 

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‘Money mule’ scam warning

29.11.2016

The New Zealand Bankers’ Association today warned people against transferring money for people they do not know to avoid becoming a ‘money mule’. 

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Banks offer assistance to earthquake-affected customers

16.11.2016

Banks are offering financial assistance packages for customers impacted by the recent earthquakes.

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Investing time in your financial plan now could pay dividends later – Money Week

05.09.2016

New Zealand Bankers’ Association (NZBA) says investing time to make your financial plan now could pay dividends by giving you choices in the future.

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NZBA warns against email whaling scams

23.08.2016

The New Zealand Bankers’ Association (NZBA) warns that anyone can be the target of an email whaling scam.

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NZBA welcomes FMA’s proposed guide on conduct

28.07.2016

NZBA welcomes FMA’s proposed guide on conduct
The New Zealand Bankers’ Association (NZBA) today welcomed the Financial Markets Authority’s (FMA) release of ‘A guide to the FMA’s view of conduct’.
“Good conduct and trust form a vital part of banks’ relationships with their customers. New Zealand banks work hard to ensure their customers’ interests are considered first when providing financial advice, so that customers are able to make confident and informed decisions,” said New Zealand Bankers’ Association chief executive Karen Scott-Howman. 
“New Zealand banking leaders ‘live’ their organisation’s core values. This contributes to a positive work culture and environment, and underpins the high service standards banks deliver to customers.”
“The banking industry is committed to demonstrating good conduct and working collaboratively with regulators to ensure we achieve the best outcomes for our banking customers and for New Zealand as a whole,” Scott-Howman added.
The New Zealand Bankers’ Association (NZBA) today welcomed the Financial Markets Authority’s (FMA) release of ‘A guide to the FMA’s view of conduct’. More about NZBA welcomes FMA’s proposed guide on conduct »

Banks well-positioned despite continuing uncertainty

27.07.2016

KPMG’s Financial Institutions Performance Survey for the quarter ending March 2016 has found that banks’ strong performance positions them well in an environment of continuing global and domestic uncertainty.

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NZBA welcomes MBIE’s recommended changes to FAA and FSPA

13.07.2016

The New Zealand Bankers’ Association (NZBA) today welcomed the Ministry of Business, Innovation and Employment’s (MBIE) recommendations to the Minister of Commerce and Consumer Affairs on changes to the Financial Advisers Act 2008 (FAA) and Financial Services Providers Act 2008 (FSPA). 

The New Zealand Bankers’ Association (NZBA) today welcomed the Ministry of Business, Innovation and Employment’s (MBIE) recommendations to the Minister of Commerce and Consumer Affairs on changes to the Financial Advisers Act 2008 (FAA) and Financial Services Providers Act 2008 (FSPA). 
“Banks support good quality regulation that improves consumer understanding of financial advice and the conduct and competence of financial advisers,” said New Zealand Bankers’ Association chief executive Karen Scott-Howman. 
“Banks play an important role in providing reliable and trusted financial advice, so that our customers are able to make confident and informed decisions.”  
“The recommendations are comprehensive and align with banks’ priorities in ensuring our financial advice is fit for purpose and puts the customer’s interests first.”
In particular, NZBA supports the forward-looking recommendations that enable robo-advice, which will help promote innovation and consumer accessibility to financial advice into the future.
“The industry has appreciated the opportunity to engage with MBIE throughout the review and looks forward to further collaboration to implement the proposed changes,” Scott-Howman added.The New Zealand Bankers’ Association (NZBA) today welcomed the Ministry of Business, Innovation and Employment’s (MBIE) recommendations to the Minister of Commerce and Consumer Affairs on changes to the Financial Advisers Act 2008 (FAA) and Financial Services Providers Act 2008 (FSPA). 

 

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Minter Ellison Rudd Watts welcomed as New Zealand Bankers’ Association affiliate member

01.07.2016

The New Zealand Bankers’ Association today welcomed law firm Minter Ellison Rudd Watts as its latest affiliate member. 

Minter Ellison Rudd Watts welcomed as New Zealand Bankers’ Association affiliate member
The New Zealand Bankers’ Association today welcomed law firm Minter Ellison Rudd Watts as its latest affiliate member. 
“We are delighted to have Minter Ellison Rudd Watts, one of New Zealand’s premier and most established law firms, join us as an affiliate member,” said New Zealand Bankers’ Association Chief Executive Karen Scott-Howman. 
“Affiliate members provide valued services to the banking sector, and this affirms the commitment of Minter Ellison Rudd Watts to continue as an active contributor to the industry.” 
Minter Ellison Rudd Watts partner Kate Lane said, “Minter Ellison Rudd Watts has worked with NZBA and its members over many years, and we are pleased to formalise this relationship as an affiliate member.”
“We look forward to working closely with NZBA as it continues its efforts to foster a strong and stable banking system that benefits New Zealanders and the New Zealand economy.”
Established in 1891, the New Zealand Bankers’ Association provides a forum for its 15 members to work together on non-competitive industry issues. The Association now has eight affiliate members from complementary organisations involved with the banking industry. The New Zealand Bankers’ Association today welcomed law firm Minter Ellison Rudd Watts as its latest affiliate member. 

 

 

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Banks remain stable against Brexit uncertainty

29.06.2016

New Zealand’s stable and robust banking system stands strong against the uncertain implications of Brexit, says the New Zealand Bankers’ Association (NZBA).

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NZBA supports considered approach to inquiry recommendations

28.06.2016

 

The New Zealand Bankers’ Association (NZBA) supports the Government’s announcement today that it will take a considered approach to implementing recommendations on anti-money laundering legislation, which were highlighted in its Inquiry into Foreign Trust Disclosure Rules. 

The New Zealand Bankers’ Association (NZBA) supports the Government’s announcement today that it will take a considered approach to implementing recommendations on anti-money laundering legislation, which were highlighted in its Inquiry into Foreign Trust Disclosure Rules. 

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Taking steps to prevent financial elder abuse

15.06.2016

As part of Elder Abuse Awareness Week the New Zealand Bankers’ Association (NZBA) is encouraging people to look out for signs of financial elder abuse. Financial elder abuse is the illegal or improper use of older people’s money, property and other assets.

 

 

KPMG’s Financial Institutions Performance Survey (for the quarter to December 2015) released today has found that New Zealand’s banks remain resilient and that the local economy continues to be buoyant, despite uncertainty in the global economic environment.KPMG’s Financial Institutions Performance Survey (for the quarter to December 2015) released today has found that New Zealand’s banks remain resilient and that the local economy continues to be buoyant, despite uncertainty in the global economic environment.
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Protecting your banking information – Privacy Week

09.05.2016

It’s Privacy Week (9-15 May), and the New Zealand Bankers’ Association (NZBA) says that the broader theme “Privacy – in your hands” is a timely reminder that while banks work hard to protect our banking information, we all need to take steps to help ensure our personal information is safe and secure.

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Banks stay strong despite global economic uncertainty

28.04.2016

KPMG’s Financial Institutions Performance Survey (for the quarter to December 2015) released today has found that New Zealand’s banks remain resilient and that the local economy continues to be buoyant, despite uncertainty in the global economic environment.

KPMG’s Financial Institutions Performance Survey (for the quarter to December 2015) released today has found that New Zealand’s banks remain resilient and that the local economy continues to be buoyant, despite uncertainty in the global economic environment.KPMG’s Financial Institutions Performance Survey (for the quarter to December 2015) released today has found that New Zealand’s banks remain resilient and that the local economy continues to be buoyant, despite uncertainty in the global economic environment.
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ANZ to chair New Zealand Bankers’ Association

01.04.2016

ANZ Bank New Zealand CEO David Hisco has been elected chair of the New Zealand Bankers’ Association (NZBA) for 2016/17. Westpac New Zealand CEO David McLean was also elected deputy chair.

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Hop to it – take action this Easter to grow your nest egg

24.03.2016

The New Zealand Bankers’ Association (NZBA) says we could all benefit from taking time to think about building our nest egg and saving for our future, and the long Easter weekend is the ideal time to do so.

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Banking system remains resilient against dairy sector challenges

16.03.2016

The Reserve Bank of New Zealand’s (RBNZ) ‘Summary of the dairy portfolio stress testing exercise’ released today has found that the scenarios tested were manageable for banks, and stated our banking system is robust.

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Banking sector remains strong – FIPS

24.02.2016

KPMG’s Financial Institutions Performance Survey for the 2015 financial year has found that New Zealand’s competitive banking sector stands as one of the strongest in the world.

KPMG’s Financial Institutions Performance Survey for the 2015 financial year has found that New Zealand’s competitive banking sector stands as one of the strongest in the world.

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Don’t fall hook, line and sinker for a catphish this Valentine’s Day

12.02.2016

 

The New Zealand Bankers’ Association (NZBA) warns against being scammed by online romancers who might be more interested in your bank account than your stellar personality. What starts out as a budding online romance can quickly turn into devastating heartbreak once you’ve handed over your personal information or life savings, only to discover your soul mate was actually a stock image and has since vanished into cyberspace – leaving you to wallow in your Sam Smith and Adele playlist. 

The New Zealand Bankers’ Association (NZBA) warns against being scammed by online romancers who might be more interested in your bank account than your stellar personality. 

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Be smart and play your part for safer banking

09.02.2016

The New Zealand Bankers’ Association (NZBA) is encouraging people of all ages to be vigilant in protecting their personal information and finances as part of New Zealand’s Safer Internet Day.

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New Zealand Bankers’ Association announces new Chief Executive

29.01.2016

The New Zealand Bankers’ Association (NZBA) is delighted to announce that Karen Scott-Howman has been appointed to the role of Chief Executive.

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Farmers in drought conditions encouraged to talk with their banks

20.01.2016

South Island farmers facing continued drought conditions are encouraged to talk with their bank said the New Zealand Bankers’ Association (NZBA). 

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Set financial resolutions to get ahead in 2016

05.01.2016

The New Zealand Bankers’ Association recommends the New Year as the perfect opportunity to take stock of your financial situation and set your financial resolutions for 2016 and beyond.

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Tis the season to be careful

08.12.2015

The New Zealand Bankers’ Association is urging people to be vigilant as we head into the holiday season. 

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Bell Gully welcomed as New Zealand Bankers’ Association affiliate member

07.12.2015

The New Zealand Bankers’ Association today welcomed Bell Gully as its latest affiliate member.

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Commissioner’s collaborative approach welcomed

19.11.2015

The New Zealand Bankers’ Association today welcomed the Parliamentary Commissioner for the Environment’s report Preparing New Zealand for rising seas: Certainty and Uncertainty.

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Vigilance needed on mobile banking scams

16.11.2015

The New Zealand Bankers’ Association today encouraged people to be increasingly vigilant of banking scams as part of Fraud Awareness Week 2015.

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Indue welcomed as NZBA’s latest affiliate member

06.10.2015

Today the New Zealand Bankers’ Association announced that Australasian payments solutions provider Indue had joined as its sixth affiliate member. 

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Spring into Money Week

31.08.2015

It’s a good time to spring clean your finances and get your money fighting fit says the New Zealand Bankers’ Association today as Money Week kicks off. 

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Moves to lift quality of regulation welcomed

28.07.2015

The New Zealand Bankers’ Association today welcomed the government’s response to the Productivity Commission’s recommendations to improve regulation in New Zealand. 

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How to spot financial elder abuse

15.06.2015

As part of Elder Abuse Awareness Week the New Zealand Bankers’ Association is encouraging people to look out for financial elder abuse. 

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Supporting New Zealand’s farmers

11.06.2015

Farmers facing tough times are being encouraged to talk to their bank early and often in an information resource launched today by the New Zealand Bankers’ Association at Fieldays. 

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Budget 2015 continues responsible economic direction

21.05.2015

Budget 2015 continues the government’s responsible economic direction the New Zealand Bankers’ Association said today. 

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Don’t get phished, vished or smished

18.05.2015

The New Zealand Bankers’ Association is encouraging people to protect their personal information as Australasian Consumer Fraud Week kicks off today. 

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Banking industry to work with LVR changes

13.05.2015

In response to the LVR changes announced today by the Reserve Bank, the New Zealand Bankers’ Association said that banks will work to meet the new obligations but warns that demand side initiatives are only one part of the solution. 

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New Zealand Bankers’ Association boosted by two new affiliate members

04.05.2015

The New Zealand Bankers’ Association today announced that Chapman Tripp and Visa New Zealand have joined the Association as its latest affiliate members. 

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Russell McVeagh welcomed as New Zealand Bankers’ Association affiliate member

08.04.2015

The New Zealand Bankers’ Association today welcomed Russell McVeagh as its latest affiliate member. 

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BNZ to chair New Zealand Bankers’ Association

01.04.2015

Bank of New Zealand chief executive Anthony Healy has been elected chair of the New Zealand Bankers’ Association for 2015/16 and takes on the role today. 

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Buddle Findlay becomes affiliate member of New Zealand Bankers’ Association

31.03.2015

The New Zealand Bankers’ Association announced today that Buddle Findlay has joined the Association as an affiliate member. 

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MasterCard® first affiliate member of New Zealand Bankers’ Association

18.03.2015

MasterCard New Zealand today became the New Zealand Bankers’ Association’s first affiliate member. 

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Responsible Lending Code welcomed

17.03.2015

The New Zealand Bankers’ Association today welcomed the government’s release of the Responsible Lending Code.

 

The Code provides guidance on how responsible lenders should behave and supports consumer credit law reforms last year that aimed to crack down on loan sharks. 


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New Zealand Bankers’ Association welcomes Bank of China

02.03.2015

Bank of China (New Zealand) today joined the New Zealand Bankers’ Association, bringing the total number of the association’s member banks to 15. 

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Strong banks fuel economic growth – FIPS

25.02.2015

KPMG’s Financial Institutions Performance Survey for the 2014 financial year has found that New Zealand’s strong banking sector is fueling the country’s economic growth. 

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Guard your card and PIN over the holidays

05.12.2014

The New Zealand Bankers’ Association is urging people to beware of card fraud over the holidays. 

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Protect yourself online this Christmas

19.11.2014

As part of International Fraud Awareness Week the New Zealand Bankers’ Association is urging consumers to stay safe online as we head into the festive season. 

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Take the plunge and get your money fighting fit

10.10.2014

The New Zealand Bankers’ Association is encouraging people to get their money fighting fit during Money Week which runs from 13 to 19 October. 

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Banks help leaky unit owners access funding for repairs

29.09.2014

Banks have agreed a streamlined process to help homeowners in multi-unit complexes to access loans to pay for work needed to remedy leaky building issues, the New Zealand Bankers’ Association announced today. 

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Good management keeps banks strong

25.09.2014

Banks are managing their businesses well and that helps support New Zealand’s economic growth said the New Zealand Bankers’ Association in response to KPMG’s Financial Institutions Performance Survey for the quarter to June 2014. 

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New Zealand ready for FATCA

19.06.2014

New Zealand is now ready to comply with US tax law that aims to reduce tax evasion by US persons who have financial accounts outside the United States said the New Zealand Bankers’ Association today. 

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Banks’ performance highly rated

05.06.2014

A public opinion survey has found a high level satisfaction among bank customers, the New Zealand Bankers’ Association said today. The survey also measured perceptions of the banking sector’s strength and acceptable profit levels. 

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Beware online banking scams

03.06.2014

The New Zealand Bankers’ Association today encouraged people to be wary of online banking scams as part of Fraud Awareness Week 2014. 

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Loan shark law welcomed

28.05.2014

The New Zealand Bankers’ Association has welcomed the third reading of the Credit Contracts and Financial Services Law Reform Bill in Parliament last night. 


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US tax law to take effect in New Zealand

21.05.2014

New Zealand banks are moving to implement their obligations under the United States Foreign Account Tax Compliance Act (FATCA).  

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Budget 2014: Sound economic management pays dividends

15.05.2014

The government’s sound economic management has begun to pay dividends said the New Zealand Bankers’ Association today in response to Budget 2014. 

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Reserve Bank finds banks in good shape

14.05.2014

The Reserve Bank of New Zealand’s Financial Stability Report released today has found that the financial system remains sound and is well placed to support economic expansion.  

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Banks supporting economic growth

07.05.2014

KPMG’s Financial Institutions Performance Survey analysis for the quarter to December 2013 released today has found that New Zealand’s economic development and the banking industry’s strength go hand-in-hand.  

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ASB to chair New Zealand Bankers’ Association

01.04.2014

ASB Bank chief executive Barbara Chapman has been elected chair of the New Zealand Bankers’ Association for 2014/15 and takes on the role today. 

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Drought-affected farmers encouraged to talk to their banks

26.03.2014

Drought-affected farmers should talk to their banks said the New Zealand Bankers’ Association in response to increasingly dry conditions in parts of Northland and Waikato. 

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OCR rise well signalled

13.03.2014

The 25 basis points rise in the Official Cash Rate to 2.75% announced by the Reserve Bank of New Zealand today was widely expected said the New Zealand Bankers’ Association.

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Sound banks support economic growth

04.03.2014

New Zealand banks continue to be strong and stable according to KPMG’s Financial Institutions Performance Survey for the 2013 financial year. 

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Get set for rising interest rates

30.01.2014

Now is a good time to prepare for rising mortgage interest rates said the New Zealand Bankers’ Association in response to the Reserve Bank of New Zealand’s Official Cash Rate statement today.  

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New build LVR exemption welcomed

10.12.2013

The New Zealand Bankers’ Association has today welcomed the Reserve Bank’s move to exempt new residential construction loans from the loan-to-value (LVR) restrictions it introduced on 1 October. 

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Foil the fraudsters this festive season

09.12.2013

As the festive season approaches the New Zealand Bankers’ Association has reminded people how to avoid fraud and scams over the holidays. 

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Covered bonds law puts New Zealand on even footing

21.11.2013

The third reading of the Reserve Bank of New Zealand (Covered Bonds) Amendment Bill today has been welcomed by the New Zealand Bankers’ Association. 

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KiwiSaver fund finder welcomed

15.11.2013

The New Zealand Bankers’ Association has welcomed an independent tool to help people find a KiwiSaver fund that suits them best. 

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Money mule scam warning

14.11.2013

People should be wary of transferring money on behalf of people they don’t know. The warning was issued today by the New Zealand Bankers’ Association in response to a new banking scam. 

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Retirement income review provides practical way forward

09.10.2013

The New Zealand Bankers’ Association has today welcomed the Review of Retirement Income Policies discussion document released by the Commission for Financial Literacy and Retirement Income. 

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Land for more houses good for Auckland housing supply

09.10.2013

A joint government and Auckland Council move today to make land available for 6000 new affordable houses in ten more special housing areas has been welcomed today by the New Zealand Bankers’ Association as a positive step in addressing the housing supply issue in Auckland. 

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Borrowers urged to talk to their bank as lending limits loom

27.09.2013

The New Zealand Bankers’ Association has urged prospective borrowers to talk to their bank as the Reserve Bank’s low equity lending restrictions come into force next week. 

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Consumer credit law should be well-targeted and enforced

17.09.2013

The New Zealand Bankers’ Association today welcomed the first reading of the Credit Contracts and Financial Services Law Reform Bill, and cautioned further work was needed to meet the Bill’s aims. 


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Make a date with your money

30.08.2013

The New Zealand Bankers’ Association is encouraging people to make a date with their money during Money Week, which runs from 1 to 7 September. 


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Bankers’ Association welcomes positive moves on business regulation

30.08.2013

The New Zealand Bankers’ Association has congratulated the government on two positive moves in the area of business regulation. Today a unique New Zealand Business Number is being rolled out, and earlier this week the Financial Markets Conduct Act passed. 


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Banks will work hard to meet customer needs within new lending limits

20.08.2013

In response to the Reserve Bank imposing limits on higher loan-to-value ratio mortgage lending today, the New Zealand Bankers’ Association said banks would continue to work hard to meet their customers’ needs within the new restrictions. 


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Bank fee court case may bring out scammers

02.07.2013

The banking industry is warning customers to be alert to a phishing scam capitalising on publicity around the legal action on bank fees.

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New anti-money laundering regime now in force

01.07.2013

All New Zealand banks are now required to comply with the new anti-money laundering regime, which came into force on 30 June. 

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Get the banking products that suit you and avoid fees

18.06.2013

In response to legal action on bank fees announced today the New Zealand Bankers’ Association said it expected the case to be vigorously defended. 

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Beware scams that target seniors

17.06.2013

Be on guard against financial crime that targets seniors said the New Zealand Bankers’ Association today as Fraud Awareness Week 2013 was launched. 

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Retirement Commissioner appointment welcomed

13.06.2013

The New Zealand Bankers’ Association today congratulated Diane Maxwell on her appointment as Retirement Commissioner. 

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New Zealand appointment to BIAC welcomed

28.05.2013

The New Zealand Bankers’ Association today welcomed the election of Business NZ chief executive Phil O’Reilly as chair of the OECD’s Business and Industry Advisory Council (BIAC). 

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Budget hits the right notes

16.05.2013

The government continues to guide the economy in the right direction said the New Zealand Bankers’ Association today in response to Budget 2013.

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Cracking down on money laundering to combat serious crime

13.05.2013

Cracking down on money laundering is part of a global response to serious crime and terrorism. New Zealand banks are playing their part by implementing a new law which comes into force on 30 June 2013. 

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Skimming bust a reminder to be on guard

02.05.2013

This week’s sentencing of two Romanian fraudsters provides a useful reminder to be on guard when using your bank card. 

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Bank customer satisfaction high – survey

08.04.2013

A public opinion survey has found a high level satisfaction among bank customers, the New Zealand Bankers’ Association revealed today. 

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Westpac to chair New Zealand Bankers’ Association

04.04.2013

Westpac New Zealand chief executive Peter Clare has been elected chair of the New Zealand Bankers’ Association for 2013/14. 

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Heartland Bank joins New Zealand Bankers’ Association

25.03.2013

Heartland Bank today joined the New Zealand Bankers’ Association, bringing the total number of the association’s member banks to 14. 

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Bankers’ Association welcomes interim Retirement Commissioner

12.03.2013

The New Zealand Bankers’ Association has today welcomed the appointment of interim Retirement Commissioner Diane Maxwell. 

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Talk of legal action jumps the gun

11.03.2013

Talk of legal action today relating to bank fees fails to take into account differences between the New Zealand and Australian banking sectors.

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New Zealand banks strong, stable and safe

27.02.2013

New Zealand banks had another solid and stable year according to according to KPMG’s Financial Institutions Performance Survey for the 2012 financial year. 

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Telephone scam alert

13.02.2013

The New Zealand Bankers’ Association is urging the public to be on guard against a telephone scam.

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Report finds banks performing well

01.02.2013

Analysis released today shows New Zealand’s major banks continue to perform well in the face of increased operating costs and greater regulatory pressures.

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Mortgagee sales continue to decline

23.12.2012

Mortgagee sales continue to decline according to Terralink data for the September quarter released today.

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Don’t get caught by phishing scams this summer

20.12.2012

Never give anyone your PIN or internet banking username or password said the New Zealand Bankers’ Association as we head into the summer holidays

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Bank safety tips for the holidays

12.12.2012

In the lead-up to Christmas the New Zealand Bankers’ Association has reminded people how to avoid fraud and scams over the holiday season.

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Interest-free overdrafts for Novopay-affected teachers

29.11.2012

All retail banks are offering interest-free overdrafts to teachers and other school staff affected by the Novopay payroll system issues from now until 15 January 2013.

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Banking industry profits in the middle of the pack

21.11.2012

The New Zealand Bankers’ Association today released long run bank profitability data which compares returns on equity for New Zealand banks against NZX listed companies.

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Banks support financial outlook

07.11.2012

The Reserve Bank’s latest Financial Stability Report issued today has confirmed that banks are supporting New Zealand’s financial outlook in the face of ongoing global economic challenges.

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Steps towards FATCA agreement applauded

25.10.2012

The New Zealand Bankers’ Association today applauded the government’s decision to seek an inter-governmental agreement between New Zealand and the United States which will help financial institutions comply with new US tax reporting requirements.

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Banks fit to face challenges

24.10.2012

KPMG’s Financial Institutions Performance Survey (FIPS) report for the quarter to 30 June 2012 confirms that New Zealand banks are well placed to meet ongoing challenges.

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Regulator’s KiwiSaver guidance disadvantages consumers

16.10.2012

By rewriting the law, the Financial Markets Authority (FMA) is doing consumers a disservice says the New Zealand Bankers’ Association.

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Banks top satisfaction surveys

09.10.2012

A recent survey has revealed that most people rate their bank highly, and that the banking sector in New Zealand rates well above other service sectors.

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Addressing Double Taxation a “Must” for Trans-Tasman Productivity Work

18.09.2012

The New Zealand Bankers’ Association welcomes the interim report of the Australian and New Zealand Productivity Commissions on closer economic relations and a single economic market, but notes that addressing the issue of double taxation of company income was an absolute ‘must do’.

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Get financial advice

04.09.2012

As part of Money Week (2 – 8 September), the New Zealand Bankers’ Association is encouraging people to get financial advice on how best to manage their money.

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Spring clean your personal finances

31.08.2012

Money Week is a great time to spring clean your personal financial arrangements says the New Zealand Bankers’ Association. Money Week brings together a range of financial education activities from 2 to 8 September.

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Report finds NZ banks continue to perform well

31.08.2012

The New Zealand Bankers’ Association said today that PwC’s Banking Perspectives analysis of the major banks’ results for the first half of their 2012 financial years showed New Zealand banks were continuing to perform well in the face of ongoing global uncertainty.

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Email scam alert

20.08.2012

The New Zealand Bankers’ Association is urging the public to be on guard against an email scam. Scammers are sending emails out which appear to come from a New Zealand Bankers’ Association email address: nzba@nzba.org.nz.

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Bankers’ Association welcomes reduced business costs

07.08.2012

The New Zealand Bankers’ Association welcomes the recent introduction of the Financial Reporting Bill by Commerce Minister Craig Foss.

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Get new Code of Banking Practice – Bankers’ Association

29.06.2012

The New Zealand Bankers’ Association has encouraged bank customers to have a look at the latest Code of Banking Practice, which comes into force on 1 July. Now in its fifth edition, the Code provides a useful guide for customers and their relationship with their banks.

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Bankers’ Association applauds loan shark prosecution

28.06.2012

The New Zealand Bankers’ Association today applauded the prosecution of third tier lender Barry Hunt for breaches of the Credit Contracts and Consumer Finance Act.

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Mortgagee sales less than 0.2% of all mortgages

12.06.2012

The New Zealand Bankers’ Association revealed today that the number of mortgagee sales was less than 0.2% of the total number of mortgages held by New Zealanders.

In 2011 there were 2263 mortgagee sales, compared to over 1.2 million mortgages. “This is a tiny fraction of total mortgage numbers,” said New Zealand Bankers’ Association chief executive Kirk Hope.

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FMA levy misses the mark

06.06.2012

The New Zealand Bankers’ Association today expressed disappointment at the government’s announcement on the way it intends to levy the financial sector to fund the Financial Markets Authority.

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Good public purse management keeps cost of credit down

24.05.2012

Prudent management of the public purse is essential to keeping down the cost of credit said the New Zealand Bankers’ Association today in response to Budget 2012.

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Flipside of interest rate cuts

22.05.2012

Recent cuts in fixed interest rates highlight the level of intense competition in the New Zealand banking sector. This is good news for borrowers, but will impact on returns for bank depositors.

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Survey finds NZ banks well placed for challenges ahead

24.04.2012

The New Zealand Bankers’ Association today welcomed KPMG’s annual Financial Institutions Performance Survey (FIPS). In its 25th year, the 2011 survey shows New Zealand has a strong, stable and highly competitive banking sector that continues to serve New Zealand businesses and consumers very well in a globally uncertain environment.

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Regularly check your accounts says Bankers' Association

10.04.2012

With heightened awareness around recent card fraud, the New Zealand Bankers’ Association has issued a reminder to check bank statements regularly.

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Banks critical to NZ’s economic recovery, says new Bankers’ Association Chair

04.04.2012

A strong and resilient banking sector will play a critical role in New Zealand’s ongoing economic recovery, said the new chairman of the New Zealand Bankers’ Association (NZBA), David Hisco.

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Draft loan shark law welcomed

02.04.2012

The New Zealand Bankers’ Association has welcomed the government’s release today of a draft bill targeted at loan sharks and fringe lenders.

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More accurate credit picture welcomed

30.03.2012

The New Zealand Bankers’ Association has welcomed changes to credit reporting in New Zealand that take effect from 1 April 2012.

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Foiling card fraud

29.03.2012

There are some simple things we can all do to fight bank card fraud says the New Zealand Bankers’ Association.

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Get scam wise - New Zealand Bankers' Association

19.03.2012

The New Zealand Bankers’ Association has issued a seven point list to combat online banking fraud as Fraud Awareness Week 2012 kicks off.

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New Zealand Bankers’ Association appoints new CE

24.02.2012

New Zealand Bankers’ Association (NZBA) is pleased to announce that Kirk Hope will step into the role of chief executive of the NZBA at the end of March, taking over from acting chief executive Martin Philipsen.

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New Zealand Bankers’ Association welcomes Co-operative Bank

01.02.2012

The Co-operative Bank has joined the New Zealand Bankers’ Association bringing the total number of member banks to 13.

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New Zealand banks stack up well

20.09.2011

New Zealand banks are well positioned in the face of current international financial tensions.

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Banks support move to help leaky home owners

28.07.2011

The New Zealand Bankers' Association today welcomed the government's financial assistance for leaky homes which will provide a further option for affected home owners.

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BNZ to chair New Zealand Bankers’ Association

26.04.2011

The new Chair of the New Zealand Bankers’ Association for 2011/12 is Bank of New Zealand Managing Director and Chief Executive Andrew Thorburn.

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New Zealand Bankers’ Association boosted by two new members

14.01.2011

SBS Bank (Southland Building Society) and JPMorgan Chase Bank N.A. join the New Zealand Bankers’ Association bringing the total number of member banks to 12.

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Stephen Franks to review Code of Banking Practice

22.11.2010

The New Zealand Bankers’ Association has appointed Stephen Franks as independent reviewer of the New Zealand Code of Banking Practice.

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New Zealand Bankers Association welcomes Bank of Tokyo-Mitsubishi

01.10.2010

The Bank of Tokyo-Mitsubishi UFJ Limited has joined the New Zealand Bankers' Association.

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Beware telephone survey scam

15.09.2010

The New Zealand Bankers Association is urging New Zealanders to be on guard against a telephone bank satisfaction survey scam.

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Switching banks being made easier for customers

29.07.2010

Banks are making moves to update their systems and procedures so switching from one bank to another will be much easier for customers.

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