Media Appearances
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
Media Releases
Loan shark law welcomed
- The New Zealand Bankers’ Association has welcomed the third reading of the Credit Contracts and Financial Services Law Reform Bill in Parliament last night. The law change aims to crack down on loan sharks and requires lenders to act with skill, care and diligence in all dealings with a borrower throughout the life of a... Read more »
Media Appearances
3 News - A cautionary tale of internet banking
- Karen Scott-Howman of the Bankers’ Association says people do authorise payments in error, but what happned here is rare.
Media Releases
US tax law to take effect in New Zealand
- New Zealand banks are moving to implement their obligations under the United States Foreign Account Tax Compliance Act (FATCA). The US law aims to reduce tax evasion by US persons using financial accounts outside the United States of America. It does so by requiring participating financial institutions around the world, including New Zealand banks, to... Read more »
Media Releases
Budget 2014: Sound economic management pays dividends
- The government’s sound economic management has begun to pay dividends said the New Zealand Bankers’ Association today in response to Budget 2014. “The Budget shows that the New Zealand economy is on the right track with a return to a small surplus in 2014/15 and then with surpluses forecast to increase moderately in future years,”... Read more »
Media Releases
Reserve Bank finds banks in good shape
- The Reserve Bank of New Zealand’s Financial Stability Report released today has found that the financial system remains sound and is well placed to support economic expansion. “The New Zealand banking industry is in good shape, remains strong, and is well capitalised and regulated,” said New Zealand Bankers’ Association chief executive Kirk Hope. “Recently reported... Read more »
Media Releases
Banks supporting economic growth
- KPMG’s Financial Institutions Performance Survey analysis for the quarter to December 2013 released today has found that New Zealand’s economic development and the banking industry’s strength go hand-in-hand. “Our strong and stable banking system provides a great platform for economic growth. That growth is possible because banks are providing funding to businesses across a range... Read more »
Media Appearances
Radio NZ - New bank law raises privacy fears
- The Bankers’ Association chief executive Kirk Hope said New Zealand banks have no choice but to comply with the US law, but take confidentiality of client’s information very seriously.
Media Appearances
NZBA - More foreign tax snooping expected
- New Zealand Bankers’ Association chief executive Kirk Hope said it was impossible for New Zealand companies to comply with Fatca without the agreement, because under current law they aren’t allowed to provide information to overseas tax departments.
Media Releases