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

Media Appearances

Consumer NZ - When is your bank liable for scam losses?

- In response, the New Zealand Banking Association said it would review international best practice in this area by September 2024 and consider updating the current approach in the Code of Banking Practice.
Media Appearances

Business Desk - Business lending rates reach 33-year highs

- “Our banks currently hold around $60 billion in capital. That investment is essential to banking in New Zealand and, to maintain that investment, their owners need a return. The banks’ return on equity is average compared to other major New Zealand businesses,” Beaumont said.
Media Appearances

NZ Adviser - Banks to keep regional branches

- “NZBA and the participating banks put a huge amount of work into developing the hubs trial. We are proud of what we delivered, and most of the hub network will remain,” Beaumont said.