Media

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

Opinions

Peak interest rates and the long road ahead

- Roger Beaumont Published in KPMG’s Financial Institutions Performance Survey March 2023 Quarterly Results With interest rates rising sharply to combat inflation and the cost of living, combined with severe flooding and cyclone damage in the North Island, the first half of 2023 has been eventful to say the least. While some commentators are saying the... Read more »
Media Appearances

Good Returns - Culture and conduct not part of bank competition study

- Bankers Association chief executive Roger Beaumont says switching banks is easy. “A customer’s new bank can arrange everything including transferring funds from the previous bank and setting up recurring payments to new accounts.” Beaumont says this can be done within five working days, and people don’t even need to talk to their previous bank.