Media Appearances
Media / Media Appearances
Media Appearances
Media Appearances
NZ Herald - RBNZ Governor Adrian Orr accuses banks of ‘scaring the public’ with aggressive lobbying
- 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
- 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
- “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?
- 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
- NZBA said banks know the role farmers play in the economy and that it’s important they succeed.
Media Appearances
Stuff - ‘Hidden’ currency conversion fees costing Kiwis billions
- “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
- 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
- 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.
Media Appearances