Media Appearances
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
Media Appearances
NZ Herald - Diana Clement: What happens to your dough after you go?
- Organisations that carry out business in New Zealand are required to report inactive accounts under the Unclaimed Money Act 1971.
Media Appearances
NZ Herald - New Zealand’s farm debt is close to $63 billion – a new bill seeks to ease the financial burden
- NZBA said banks know the role farmers play in the economy and that it’s important they succeed.
Media Releases
NZBA welcomes farm debt mediation announcement
- The New Zealand Bankers’ Association today welcomed the government’s announcement that it will introduce a bill to set up a farm debt mediation scheme. “Banks are responsible lenders that take a long-term view to the rural sector. They know the vital role farmers play in the economy and that it’s important they succeed,” says New... Read more »
Media Appearances
Stuff - ‘Hidden’ currency conversion fees costing Kiwis billions
- “International money transfers made from a banking app or by internet banking usually include a fee to cover other overseas bank costs. And there will also be an exchange rate conversion fee if sending money in a currency other than New Zealand dollars.”
Media Appearances
Interest.co.nz - Federated Farmers says quoting bank lobby group CEO on RBNZ bank capital proposals in farmer banking survey part of ensuring balance
- The Federated Farmers press release has NZBA CEO Roger Beaumont saying NZBA analysis shows the Reserve Bank’s proposal to “almost double” capital requirements will have a net cost to the New Zealand economy of $1.8 billion a year.
Media Appearances
NZ Adviser - Farmer satisfaction with banks slips further
- New Zealand Bankers’ Association chief executive Roger Beaumont, who is pleased to see most farmers remain satisfied with their bank, said he expects RBNZ’s capital requirements proposal to a net cost to the New Zealand economy of $1.8 billion a year.
Media Appearances
ShareChat - Farmers less happy with banks and RBNZ capital requirements signaled as a factor
- Federated Farmers cited the NZ Bankers’ Association’s estimate that the Reserve Bank’s proposals would cost the economy $1.8 billion.
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