“Our banks know that some farmers are doing it tough in the current economic environment, so it made sense to fill the funding gap for the Farm Business Advice Fund, and to renew the annual sponsorship arrangement for the Rural Support Trust,” Beaumont said.
Author: Philip vanDyk
Banks increase funding to support farmers in need
Banks are stepping up to fully fund the Farm Business Advice Fund for farmers who are under considerable business pressure, as well as continuing their sponsorship of the National Rural Support Trust. The Farm Business Advice Fund was established in 2020 to provide up to $6,000 for farmers in need to obtain financial or business… Read more »
Banking Ombudsman says scams surging, cost-of-living crisis a worry for many customers
Earlier this year, NZ Banking Association chief executive Roger Beaumont urged telcos and social media platforms to take down fake websites.
Nearly 80 fraud and scam cases reported to banking watchdog every month, report shows
Banks alone could not protect New Zealanders from scams and had asked the government for help, involving from police and other agencies, New Zealand Banking Association chief executive Roger Beaumont said.
Customer and Product Data Bill
Economic Development, Science and Innovation Commiteee
Banks are pleased with changes to “draconian” lending legislation
He said that one of the key changes is that the “draconian” personal liability legislation for managers and banks will be removed.
Consultation: Guidance on references to climate statements in disclosure documents – proposed information sheet
Financial Markets Authority
‘Higher income’ doesn’t mean much – financial coach
“We’d encourage anyone experiencing financial difficulty to talk to their bank as soon as possible. The sooner you talk to your bank, the better placed they’ll be to assess your particular circumstances and discuss options to try to find a way through.”
Making Kiwibank fly – with (or without) Winston
“We will assess which initiatives could involve an industry approach and which ones banks will need to address individually.”
Banking competition report: The oligopoly has been saved from radical reform
Chief executive Roger Beaumont praised the report: “The Commission has taken a well-informed and considered approach to the market study, which has provided useful insights into the New Zealand banking sector. We’re particularly pleased to see the Commission’s focus on the regulatory environment in which our banks operate … We support quality regulation that makes… Read more »
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