Media Appearances
Media / Media Appearances
Media Appearances
Media Appearances
TVNZ - Australian banks carry the blame for industry’s widespread greed-driven misconduct, royal commission finds
- “While the FMA and RBNZ review into banking conduct last year found no evidence of widespread misconduct, the industry believes that trust is central to customer relationships and welcomes any moves to improve this.”
Media Appearances
RNZ - Banks may become cautious lenders following report
- “We will also work closely with the government on the recently announced fast-tracking of regulation for further customer protection in the financial sector.”
Media Appearances
Stuff.co.nz - Retired banker protests banks’ ‘stranglehold’ on lending
- Priority amounts are a dollar amount that mortgagees set in their mortgage terms and conditions, set by banks’ internal credit policies. The dollar amount reflects the maximum amount that the mortgagee can recover ahead of other mortgagees if there is a mortgagee sale.
Media Appearances
NZ Herald - Borrowing costs set to rise as banks face tougher rules if Reserve Bank proposal becomes reality
- Reserve Bank stress tests show banks can withstand a 40 per cent fall in house prices.
Media Appearances
Interest.co.nz - RBNZ proposes significant increase in bank capital requirements that will eat up 70% of the sector’s profits over 5 years
- Buffers ensure banks have sufficient capital to get through a serious economic downturn. However, too large a buffer limits banks’ ability to innovate and enhance customer outcomes.
Media Appearances
Stuff.co.nz - Banks asked to take on bigger share of market risk
- New Zealand Bankers’ Association acting chief executive Antony Buick-Constable said: “New Zealand’s banks are currently very well capitalised and among the most stable and secure in the world.”
Media Appearances
Stuff.co.nz - Spy agency’s ‘intrusive requests’ of banks didn’t sufficiently recognise Bill of Rights
- Banks take their obligations to maintain customer privacy and confidentiality very seriously. On rare occasions that needs to be balanced with national security requirements.
Media Appearances
Newshub - Banking survey shows more farmers feel under financial pressure
- Our banks stand by their agri clients in good times and bad.That was particularly evident during the dairy downturn. It makes sense for farmers to have a look at their financial management in better times.
Media Appearances