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. “Financial fitness is a lot like physical fitness. It’s easy to put off taking the first step. But once you do, you’ll really notice the benefits. Money Week… Read more »
Month: August 2015
Consultation Paper: DIMS – temporary exemption from reporting on percentagebased charges and alternative reporting method
Financial Markets Authority
Debate: Are banks ripping off Kiwi customers?
Labour MP David Shearer and Kirk Hope from the Bankers’ Association go head-to-head on whether Kiwis are getting a fair deal from banks.
Consultation Paper: Draft Guidance on Risk Indicators and Descriptions of Managed Funds
Financial Markets Authority
Labour’s David Shearer targets high bank profits
Hope pointed to NZ$6.6 billion contributed to the New Zealand economy in 2014 in wages to 25,000 employees and other spending, along with NZ$1.8 billion paid in taxes.
Thousands of bach owners caught up in property investor crackdown
“It’s a pretty competitive market; that’s one reason banks may choose not to pass on any additional capital costs to their customers,” he said. “They may of course choose to do that.”
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