Author: Philip vanDyk

Official Cash Rate cut expected this morning

Bankers’ Association chief executive Kirk Hope said competition between banks could be a driver for mortgage rates to keep dropping.

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

New Zealand Bankers’ Association (NZBA) says investing time to make your financial plan now could pay dividends by giving you choices in the future. As part of Money Week (5-11 September) run by the Commission for Financial Capability, NZBA is encouraging people to take time to think about their financial future, set short and long… Read more »

Cash use declining but more in circulation

Cash in circulation rose by 8 percent last year. There’s now $5 billion in circulation despite the fact cash use is declining. New Zealand Bankers’ Association chief executive Kirk Hope joined Paul Henry in studio to explain how and why this is occurring.

Dairy farmers happy with banks: survey

New Zealand Bankers’ Association chief executive Kirk Hope said banks were working closely with dairy farmers to help them manage through tough times.

Are banks making it harder for older clients to get home loans?

The New Zealand Bankers Association says it’s not discrimination – but that banks need to ensure mortgages are sustainable and a recent law change means they need to be even more careful that they are lending responsibly.

NZBA warns against email whaling scams

The New Zealand Bankers’ Association (NZBA) warns that anyone can be the target of an email whaling scam. Following a fake email purportedly sent by NZBA’s chief executive to a colleague, it was thanks to training and attention to detail that the scammer was foiled. NZBA’s work includes educating consumers on fraud prevention, and believes… Read more »