Media Releases
Media
Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.
Media Appearances
TVNZ - NZ banks face class suit over $1 billion in default fees
- “Our banks communicate very clearly on fees, which is a reflection of our very competitive banking sector. The fees being singled out are avoidable, and our industry has also made it easy for customers to switch banks if they feel the fees they’re paying are too high,” New Zealand Bankers’ Association chief executive Kirk Hope... Read more »
Media Appearances
Interest.co.nz - Parties behind ‘largest class action in NZ’s history’, taken against major banks, stand to pocket up to NZ$250 mln
- Responding to news of the launch of the “Fair Play on Fees” action, bank lobby group the New Zealand Bankers’ Association said talk of legal action failed to take into account differences between the New Zealand and Australian banking sectors.
Media Releases
Talk of legal action jumps the gun
- Talk of legal action today relating to bank fees fails to take into account differences between the New Zealand and Australian banking sectors. “Australian legislation around civil suits is very different from what we have in New Zealand. We are surprised the lawyers running this don’t appear to know about these differences. We also note... Read more »
Media Appearances
NZ Herald - Sector weighs Reserve Bank lending tools
- Reading between the lines of what the Reserve Bank has said about the macroprudential tools it is working on, regulating loan-to-value ratios would not be its favoured option, believes the Bankers’ Association.
Media Appearances
Interest.co.nz - NZ Bankers’ Association wants more detail on RBNZ macro-prudential tools, raises issue of insurance in relation to LVR restrictions
- Is there a need for the Reserve Bank to even have the so-called macro-prudential tools it’s now publicly consulting on? This, says Kirk Hope, CEO of bank lobby group the New Zealand Bankers’ Association, is a good question.
Media Appearances
TVNZ - Profitable banks should be viewed as ‘Olympic medallists’
- In response to the report, New Zealand Bankers’ Association chief executive Kirk Hope said that local banks are “among the best funded and regulated in the world, and fiercely competitive. That’s good for New Zealanders and our economy,” said Hope.
Media Releases
New Zealand banks strong, stable and safe
- New Zealand banks had another solid and stable year according to according to KPMG’s Financial Institutions Performance Survey for the 2012 financial year. “The survey shows our banks are among the best funded and regulated in the world, and fiercely competitive. That’s good for New Zealanders and our economy,” said New Zealand Bankers’ Association chief... Read more »
Media Appearances
Stuff.co.nz - Central bank boss hones new tools
- You’d expect the banks to be worried at the prospect of having their business impinged on in such dramatic fashion. But Kirk Hope, chief executive of industry lobby group the New Zealand Bankers Association, is remarkably calm.
Media Releases