Media Appearances
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
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
RNZ - Banks urge Reserve Bank to reduce capital proposal
- The Bankers’ Association is asking the Reserve Bank to soften its plan to make banks hold significantly more capital in reserve.
Media Releases
Reserve Bank should rethink capital proposals
- The New Zealand Bankers’ Association has called on the Reserve Bank to reconsider its proposals to almost double capital requirements for New Zealand’s banks, and take into account an independent review by former Treasury Secretary Dr Graham Scott. “Independent analysis by former Treasury Secretary Dr Graham Scott shows the Reserve Bank should rethink its proposals to avoid putting a handbrake on our economy,” says New Zealand Bankers’ Association... Read more »
Media Appearances
ShareChat - RBNZ’S poor policy process puts its credibility at risk: former official
- That analysis showed the New Zealand banks were carrying six percentage points higher capital at 16.3 percent that the stated average 10.3 percent level then.
Media Appearances
NZ Herald - Auckland woman has bank card cloned, $800 swiped
- Cover up when entering your PIN so you don’t reveal it to ‘shoulder surfers’ or hidden cameras. That’s how fraudsters who have your card details can access your bank accounts.
Media Appearances
Newstalk ZB - Fewer than half of Kiwi customers say banks can be trusted
- A Government review of the industry last year found no widespread issues. “On top of that, bankers have also removed or in the process of removing all sales incentives for their staff, and that will be in place later this year for all the major banks that took part in that review.”
Media Appearances
Stuff - Banks pressure people into products they don’t want: Consumer NZ
- Chief executive Roger Beaumont said banks would often suggest different products to customers to meet changing needs.
Media Appearances