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

Media Appearances

TVNZ - NZ banks face class suit over $1 billion in default fees

- “Our banks communicate very clearly on fees, which is a reflection of our very competitive banking sector. The fees being singled out are avoidable, and our industry has also made it easy for customers to switch banks if they feel the fees they’re paying are too high,” New Zealand Bankers’ Association chief executive Kirk Hope... Read more »
Media Releases

Talk of legal action jumps the gun

- Talk of legal action today relating to bank fees fails to take into account differences between the New Zealand and Australian banking sectors. “Australian legislation around civil suits is very different from what we have in New Zealand. We are surprised the lawyers running this don’t appear to know about these differences. We also note... Read more »
Media Appearances

NZ Herald - Sector weighs Reserve Bank lending tools

- Reading between the lines of what the Reserve Bank has said about the macroprudential tools it is working on, regulating loan-to-value ratios would not be its favoured option, believes the Bankers’ Association.
Media Releases

New Zealand banks strong, stable and safe

- New Zealand banks had another solid and stable year according to according to KPMG’s Financial Institutions Performance Survey for the 2012 financial year. “The survey shows our banks are among the best funded and regulated in the world, and fiercely competitive. That’s good for New Zealanders and our economy,” said New Zealand Bankers’ Association chief... Read more »
Media Appearances - Central bank boss hones new tools

- You’d expect the banks to be worried at the prospect of having their business impinged on in such dramatic fashion. But Kirk Hope, chief executive of industry lobby group the New Zealand Bankers Association, is remarkably calm.
Media Releases

Telephone scam alert

- The New Zealand Bankers’ Association is urging the public to be on guard against a telephone scam. Scammers purporting to be from the New Zealand Bankers’ Association are phoning members of the public and saying they are investigating banks charging excessive fees and offering compensation to affected customers. They then ask people to provide their... Read more »
Media Releases

Report finds banks performing well

- Analysis released today shows New Zealand’s major banks continue to perform well in the face of increased operating costs and greater regulatory pressures. The findings were contained in PwC’s Banking Perspectives report of the five major banks’ banks’ results for the second half of their 2012 financial years. “The report shows our banks are among... Read more »