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

Media Releases

Banking becomes first living wage accredited industry

- Banking has become New Zealand’s first fully living wage accredited industry, leading to nearly 1800 employees and contractors moving onto the living wage and gaining greater economic independence for them and their families. As of today, all 17 members of the New Zealand Bankers’ Association, and the association itself, have been fully accredited. “As one... Read more »
Media Appearances

Stuff - Kiwis turn backs on mortgage repayment holidays

- “Banks are seeing customers who have deferred or reduced payments restarting their normal payments. That means people know what’s available when it comes to loan relief, and they also know why it’s a good idea to restart payments if they can.”
Media Appearances

NZ Herald - Reserve Bank considering extension of mortgage deferral scheme

- Beaumont said before making any decisions to extend mortgage deferrals banks would need to assess the customer need. “It would also involve discussions with regulators and credit reporting agencies on any impact to responsible lending obligations and how the deferred loans are treated.”
Media Appearances

Business Desk - Govt’s bank-administered business loans still tiny

- The BFGS lending is also dwarfed by other bank lending to businesses since March 26 when the nation went into lockdown to prevent the spread of covid-19. Banks have lent $12.6 billion in new loans to 21,875 businesses between then and June 30. That’s up from $7 billion on May 26.