The banking industry looks forward to participating in the competition study into retail banking announced by the government today says the New Zealand Banking Association – Te Rangapū Pēke. “We believe the enquiry will ease any concerns in the community about competition and innovation in the banking industry. Our banks are transparent, and will engage… Read more »
Month: June 2023
Bank profits: Commerce Commission inquiry set to be launched tomorrow after political calls for action
“The industry would welcome the opportunity to discuss bank profits and the contribution banks make to support the New Zealand economy, households and businesses,” Beaumont said at the time.
Button set to be pushed on market study into the banking industry on Tuesday
Beaumont said NZ’s banks were profitable, well-regulated and resilient, and that was important in the current economic climate.
Consultation Paper: Managing Climate-related Risks
Reserve Bank of New Zealand
House prices dip again, but market may be close to bottoming out – Corelogic
Credit bureau Centrix’s latest data indicated mortgage arrears rose for the seventh consecutive month, with just under 19,000 people behind on repayments, which equated to 1.3 percent of mortgages, while the Bankers Association reported nearly 45 percent of mortgage holders were ahead on their repayments at the end of 2022.
Recent Comments