Media Appearances
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
Media Appearances
Stuff - New Zealand’s banking sector inching close to warfare
- NZBA has denied suggesting that the government should ever bail out the banks, saying that instead an independent report merely speculated that in the event of a bank failure, a government would be reluctant to allow customers to take a haircut on their deposits.
Media Appearances
ShareChat - NZBA, Banking Ombudsman support RBNZ proposal on material breach reporting
- The New Zealand Bankers’ Association and the Banking Ombudsman agree with the Reserve Bank that disclosure of banks’ breaches of their conditions of registration should be limited to “material” breaches only.
Media Appearances
Newsroom - Treasury fears over farm debt bill
- The industry supports a farm debt mediation to codify many of these processes and provide clarity and an alternative support option for farmers.
Media Appearances
Interest.co.nz - Governor Adrian Orr says RBNZ is ‘open minded’ about its proposals to increase bank capital
- In response to Orr’s comments an NZBA spokesman said the lobby group’s submission did not suggest the government should pay out in the event of a bank failure.
Media Appearances
Interest.co.nz - RBNZ to use external experts and focus groups in next phases of the biggest review of NZ bank capital requirements ever undertaken
- NZBA describes the Reserve Bank proposals as excessive and maintains they will cost “households, businesses and our economy” around $1.8 billion a yea
Media Appearances
Stuff - Reserve Bank plan ‘has significant negative consequences for our country’: banks
- New Zealand’s banks are calling for the Reserve Bank to rethink its plan to require them to hold more capital to help withstand financial shocks, claiming it risks putting “a handbrake” on the economy.
Media Appearances
ShareChat - PWC says NZ banks would effectively hold 27.1% equity if RBNZ proposals are adopted
- New Zealand’s major banks are already well capitalised and “are at or above what APRA would consider to be ‘unquestionably strong’.
Media Appearances
Newsroom - Bankers’ Assn says RBNZ bank capital proposals would hurt the economy
- The Reserve Bank proposals are excessive and will cost households, businesses and our economy around $1.8 billion a year.
Media Appearances