Media

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

Media Appearances Media Releases Opinions

TVNZ - Communities demand Government inquiry into rural bank closures

March 2, 2021 - New Zealand Bankers’ Association chief executive Roger Beaumont said: “Branches are closing in some regional communities due to lack of demand. These changes are occurring because customers are banking differently – they can go online, call their bank or use an app.”

Media Appearances

NZ Adviser - Government compels RBNZ to “consider housing” when setting rates

February 26, 2021 - “There’s no single solution to our current housing affordability issues, which is a complex challenge,” said Beaumont. “Potential responses include addressing both supply and demand issues. Today’s announcement is more about managing the demand side, and what mechanisms the Reserve Bank has available to do that.

Media Releases

Banks support new housing remit for RBNZ

February 25, 2021 - Banks welcome today’s announcement that the Reserve Bank will consider the impact of its monetary and financial policy decisions on the housing market. “Banks support today’s announcement and are keen to be involved in discussions around how to tackle the current housing situation,” says New Zealand Bankers’ Association chief executive Roger Beaumont. “There’s no single... Read more »

Opinions

Delivering in a crisis

February 23, 2021 - Roger Beaumont, Chief Executive Published in KPMG’s Financial Institutions Performance Survey Review of 2020, 23 February 2021 To describe 2020 as a memorable year might be the understatement of the century. 2020 made an indelible impression on most of us because of many things, including a conclusion to Brexit negotiations, an end to the Trump... Read more »

Media Appearances

Stuff - Bank closure irks Waimate District councillors

January 28, 2021 - NZBA chief executive Roger Beaumont said the hub trials will run for 12 months and “Only then will we be able to assess if the communities where the trials are based found them useful, and whether they could form the basis of banking services in places where branches are no longer viable due to lack... Read more »

Media Appearances

Stuff - Provincial mayors call for rural bank branches to be made mandatory

January 23, 2021 - New Zealand Bankers’ Association chief executive Roger Beaumont said customers now preferred other ways of banking and the branches were no longer viable, “In some cases there may be fewer than 10 customers a day in these branches. That’s simply unsustainable.”

Media Appearances

Stuff - Banks are phasing out cheques too soon for rural communities

January 19, 2021 - Bankers’ Association chief executive Roger Beaumont said fewer than1 per cent of customers used cheques and the move to digital services was driven by customer preference.

Media Appearances

Stuff - Reserve Bank hack: Adrian Orr admits bank ‘fell short’

January 15, 2021 - Bankers’ Association chief executive Roger Beaumont said on Monday that it understood why the Reserve Bank had been unable to say much at that time.

Media Appearances

Stuff - Pity the term deposit-holders: How to navigate low interest rates

January 12, 2021 - Roger Beaumont, chief executive of the New Zealand Bankers’ Association, said it was an ongoing challenge and banks recognised it was tough for older customers in particular, who had larger amounts of money in the bank and depended on the income it earned, to subsidise their living costs.

Media Appearances

Stuff - Reserve Bank pulls down shutters in wake of cyber-attack

January 11, 2021 - Bankers’ Association chief executive Roger Beaumont said that “as it was a security issue we understand why the Reserve Bank cannot say much more at this stage”.