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

NZ Herald - Surge in mortgage inquiries after official cash rate cut to record low

August 12, 2019 - “It’s a good idea to calculate the potential interest rate savings for the balance of the fixed period against the break cost. Then you can make a carefully considered decision and not just chase a cheaper rate. Your bank should be able to help with this comparison.”

Media Appearances

NZ Herald - RBNZ Governor Adrian Orr accuses banks of ‘scaring the public’ with aggressive lobbying

August 8, 2019 - Bankers’ Association chief executive Roger Beaumont said it was up to each bank as to how it responded if the rules come into effect. “Our independent economic analysis suggests there will likely be tightening of lending in some parts of the economy such as small business and agriculture.”

Media Appearances

Stuff - Customer rejects $2000 compensation from ANZ over hardship application

July 30, 2019 - New Zealand Bankers’ Association chief executive Roger Beaumont said banks had different organisational structures to deal with hardship and loan repayment issues.

Media Appearances

NZ Herald - A bill that takes aim at loan sharks could disproportionately impact NZ’s most vulnerable

July 24, 2019 - “Conservative lending practices, which drive consumers to higher-cost and potentially irresponsible lending, run counter to the important policy objectives of promoting financial inclusion and access to safer credit.”

Media Appearances

NZ Herald - Diana Clement: What happens to your dough after you go?

June 30, 2019 - Organisations that carry out business in New Zealand are required to report inactive accounts under the Unclaimed Money Act 1971.

Media Appearances

NZ Herald - New Zealand’s farm debt is close to $63 billion – a new bill seeks to ease the financial burden

June 18, 2019 - NZBA said banks know the role farmers play in the economy and that it’s important they succeed.

Media Releases

NZBA welcomes farm debt mediation announcement

June 17, 2019 - The New Zealand Bankers’ Association today welcomed the government’s announcement that it will introduce a bill to set up a farm debt mediation scheme. “Banks are responsible lenders that take a long-term view to the rural sector. They know the vital role farmers play in the economy and that it’s important they succeed,” says New... Read more »

Media Appearances

Stuff - ‘Hidden’ currency conversion fees costing Kiwis billions

June 17, 2019 - “International money transfers made from a banking app or by internet banking usually include a fee to cover other overseas bank costs. And there will also be an exchange rate conversion fee if sending money in a currency other than New Zealand dollars.”

Media Appearances

Interest.co.nz - Federated Farmers says quoting bank lobby group CEO on RBNZ bank capital proposals in farmer banking survey part of ensuring balance

June 8, 2019 - The Federated Farmers press release has NZBA CEO Roger Beaumont saying NZBA analysis shows the Reserve Bank’s proposal to “almost double” capital requirements will have a net cost to the New Zealand economy of $1.8 billion a year.

Media Appearances

NZ Adviser - Farmer satisfaction with banks slips further

June 6, 2019 - New Zealand Bankers’ Association chief executive Roger Beaumont, who is pleased to see most farmers remain satisfied with their bank, said he expects RBNZ’s capital requirements proposal to a net cost to the New Zealand economy of $1.8 billion a year.