Media

Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.

Media Appearances Media Releases Opinions

Stuff - Here’s why retailers are reluctant to let you pay with Paywave

October 9, 2019 - New Zealand Bankers’ Association chief executive Roger Beaumont said it was important to compare like-for-like. “Eftpos remains an important part of card payments in New Zealand. It’s free for merchants and that impacts the overall cost to merchants for payments.”

Media Appearances

Stuff - Portrait of the governor as a strongman: the complicated heroics of Adrian Orr

October 5, 2019 - Boyle, who reviewed the Reserve Bank’s December proposal and supporting literature and contributed to a report commissioned by the New Zealand Bankers’ Association, maintained that a full cost benefit analysis should have been done at the outset. Instead, the Reserve Bank has promised to produce one later this year.

Media Appearances

Stuff - Banking hubs: ‘A very small response to a major issue’

October 5, 2019 - The new hubs, which will open in Stoke, Martinborough, Opunake, and Twizel early next year, will feature “Smart ATM” machines, “a support person”, and online and technology support, according to the NZ Bankers’ Association.

Media Appearances

RNZ - Adrian Orr: The Reserve Bank governor taking on the Aussie banks

October 4, 2019 - Former head of the Treasury Graham Scott wrote the association’s submission on the Reserve Bank proposal. He says requiring banks to hold 16 percent capital will cost the economy about $1.8bn a year and could lead banks to pull money out of the country.

Media Appearances

NZ Herald - Experts have their say. Did Reserve Bank governor Adrian Orr get new bank rules right?

October 1, 2019 - “We differ on the costs of the proposal compared to the benefits. Our banks are already well-capitalised and strong by international comparisons,” said NZBA chief executive Roger Beaumont.

Media Appearances

Stuff - Experts reject claims bank capital proposals will be expensive for customers

October 1, 2019 - “The independent economic analysis we commissioned from Sapere in May, and led by former Treasury Secretary Dr Graham Scott, found that the Reserve Bank proposals will cost households, businesses and our economy around $1.8 billion a year.”

Media Appearances

Newshub - Farmers welcome regional banking hubs trial

October 1, 2019 - AM Show host Duncan Garner talks to NZBA CEO Roger Beaumont about the Banking Hubs pilot

Media Appearances

Otago Daily Times - Twizel part of trial for banking hubs

October 1, 2019 - New Zealand’s “big six” banks have welcomed a trial banking hub to provide banking services in communities which would otherwise go without.

Media Releases

Banking Hub trial a new approach to regional banking

September 30, 2019 - A unique partnership of six New Zealand banks will trial a new approach to providing banking services in small regional communities. Banking Hubs will be trialled in four small towns for 12 months, with the first starting by early 2020. The hubs will feature a Smart ATM, support staff and online and technology support. During... Read more »

Media Appearances

TVNZ - Major NZ banks to trial regional hubs, as branches continue to close

September 30, 2019 - The hub trial will last up to 12 months beginning early next year, costing significantly less than a full branch, says the NZ Bankers Association.