Media Releases
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
Media Appearances
Good Returns - Second set of changes to CCCFA “wrong option” Bankers Assn
- “The best option presented to him would have been to target affordability regulations to riskier lending and lenders, as well as make changes to the penalties regime. Targeting affordability requirements to support those most at risk would provide them with appropriate protections as well as freeing up lending for those who can afford it.”
Media Appearances
Business Desk - Govt makes more changes to lending regime
- “Targeting affordability requirements to support those most at risk would provide them with appropriate protections as well as freeing up lending for those who can afford it.”
Media Appearances
Stuff - Government makes further changes to responsible lending rules
- “The best option presented to him would have been to target affordability regulations to riskier lending and lenders, as well as make changes to the penalties regime.”
Media Appearances
NZ Herald - Government unveils plans to further loosen consumer lending rules
- Roger Beaumont, NZBA chief executive, said it would have been better to target affordability regulations to riskier lending and lenders, as well as make changes to the penalties regime.
Media Releases
Minister takes wrong option in CCCFA changes
- Commerce and Consumer Affairs Minister David Clark took the wrong option presented to him in the review into the Credit Contracts and Consumer Finance Act released today. “The Council of Financial Regulators report released today presented a range of better options than those chosen by the Minister,” says New Zealand Bankers’ Association chief executive Roger... Read more »
Media Appearances
Stuff - ‘Dozens’ complain about battle to end direct debits, ombudsman says
- New Zealand Bankers’ Association chief executive Roger Beaumont said people could cancel a direct debit authority at any time through their banks and did not require the merchant’s permission to do so.
Media Appearances
NZ Herald - Construction slowdown: New build inquiries drop by up to 80 per cent, more companies could go bust alongside job losses
- New Zealand Bankers’ Association chief executive Roger Beaumont said rising interest rates, albeit from historic lows, had a real impact on a borrower’s ability to afford repayments on a home loan. Another big factor was the consumer lending rule changes the Government brought in last December.
Media Appearances
Interest.co.nz - New Zealand Bankers’ Association wants to see more detail on the role of finance in the Government’s Draft National Adaptation Plan
- NZBA suggests this in its submission to the Ministry for the Environment on the Government’s Draft National Adaptation Plan (NAP). It also says the NAP could be more ambitious, and should include more detail to be more effective.
Media Appearances