Opinions
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
Media Appearances
NZ Herald - Hard sell at the bank – has it gone too far?
- It would be irresponsible not to talk to people about insurance when they’re getting a mortgage, or discussing KiwiSaver options to help them provide for a more financially secure retirement.
Media Appearances
Good Returns - Group of AFAs tackles KiwiSaver problems
- Several of our banks offer KiwiSaver funds and that helps enormously with take-up because most of us have a banking relationship.
Media Releases
Smarter Banking: how to get the most out of your banking
- If you’d like to get the most out of your banking and manage your money better, it might pay to check out the Smarter Banking guide launched by the New Zealand Bankers’ Association today. “The guide provides practical information for customers about their everyday banking. It’s also intended to complement the recently revised Code of... Read more »
Media Appearances
NZ Herald - Kiwi banks freeze hundreds of accounts, figure likely to stretch into thousands
- The New Zealand Bankers Association has estimated about 8 per cent of accounts opened since July 1 last year could be affected by the change.
Media Appearances
Stuff.co.nz - Banks freeze accounts when tax residence questions unanswered
- “If you don’t respond, or if your response is incomplete, your bank is required to freeze or close accounts opened from 1 July 2017 to comply with the law. Banks have started freezing or closing affected accounts this week.”
Media Releases
Law requires banks to freeze some accounts
- Some New Zealanders are having their bank accounts frozen because of OECD regulations reflected in New Zealand law, which requires banks to comply. “If your bank has asked you about your foreign tax status, you should respond as soon as possible, regardless of your tax status,” says New Zealand Bankers’ Association deputy chief executive Antony... Read more »
Media Appearances
Newsroom - Bank staff stressed by conflicted sales targets
- Sedgwick recommended that any bonuses be based on a range of measures, including factors like customer satisfaction. Some of our banks have already completed this work.
Media Appearances
Stuff.co.nz - Time for a ban on bank sales targets in NZ, says union
- New Zealand Bankers’ Association deputy chief executive Antony Buick-Constable said the organisation’s latest Code of Banking Practice made a clear commitment to treat customers fairly and reasonably in a consistent and ethical way.
Media Appearances