Banking competition
Westpac NZ CEO and Chairwoman quizzed about poor customer satisfaction and controversial returns comparison at parliamentary banking probe
21st Nov 24, 9:16am
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Westpac NZ CEO and Chairwoman quizzed about poor customer satisfaction and controversial returns comparison at parliamentary banking probe
The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
20th Nov 24, 1:00pm
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The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
Tex Edwards says New Zealand is 15 years behind the rest of the world when it comes to open banking and Kiwibank isn’t the solution to NZ’s banking competition problems
13th Nov 24, 3:53pm
Tex Edwards says New Zealand is 15 years behind the rest of the world when it comes to open banking and Kiwibank isn’t the solution to NZ’s banking competition problems
Banks face competition from smaller businesses focused on specific niches and global tech behemoths, ASB bosses say
13th Nov 24, 12:47pm
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Banks face competition from smaller businesses focused on specific niches and global tech behemoths, ASB bosses say
ANZ NZ CEO Antonia Watson open to growing business and rural lending as a percentage of total lending but doesn't expect significant change
11th Nov 24, 9:58am
ANZ NZ CEO Antonia Watson open to growing business and rural lending as a percentage of total lending but doesn't expect significant change
ANZ NZ CEO Antonia Watson says the housing market's 'especially competitive' at the moment, at least in part due to low volumes of new loans
9th Nov 24, 8:45am
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ANZ NZ CEO Antonia Watson says the housing market's 'especially competitive' at the moment, at least in part due to low volumes of new loans
Andrew Laming has more questions for the Parliamentary Banking Inquiry, suggesting rural loan risks don't justify the capital risk weights being used
8th Nov 24, 10:54am
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Andrew Laming has more questions for the Parliamentary Banking Inquiry, suggesting rural loan risks don't justify the capital risk weights being used
Big banks 'haven't yet done a good enough job' persuading people NZ banking is competitive and their profits aren't too high, BNZ CEO Dan Huggins says
8th Nov 24, 10:17am
Big banks 'haven't yet done a good enough job' persuading people NZ banking is competitive and their profits aren't too high, BNZ CEO Dan Huggins says
Rabobank NZ CEO tells MPs 'we're doing our bit to create competition in the New Zealand market'
7th Nov 24, 11:59am
Rabobank NZ CEO tells MPs 'we're doing our bit to create competition in the New Zealand market'
Reserve Bank's Financial Stability Report highlights tension between bank competition and resilience
6th Nov 24, 10:07am
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Reserve Bank's Financial Stability Report highlights tension between bank competition and resilience
Westpac NZ CEO Catherine McGrath says any possible bank profit tax 'not on the top of my list of things that I can do anything about'
5th Nov 24, 9:14am
Westpac NZ CEO Catherine McGrath says any possible bank profit tax 'not on the top of my list of things that I can do anything about'
As MPs probe bank competition, Andrew Laming calls for an honest discussion on how capital allocation drivers are set
2nd Nov 24, 7:01am
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As MPs probe bank competition, Andrew Laming calls for an honest discussion on how capital allocation drivers are set
No date set yet, but Reserve Bank staff expected to appear before parliamentary banking inquiry
30th Oct 24, 9:54am
No date set yet, but Reserve Bank staff expected to appear before parliamentary banking inquiry
Issuing debt, tapping 3rd party investors or an IPO touted as ways for the Government to boost Kiwibank's capital and thus its competitive position
28th Oct 24, 8:00am
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Issuing debt, tapping 3rd party investors or an IPO touted as ways for the Government to boost Kiwibank's capital and thus its competitive position
Whilst the push for greater bank competition is good news, it may also come with increased risk
28th Oct 24, 6:00am
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Whilst the push for greater bank competition is good news, it may also come with increased risk
Wind it up, loans without climate change conditions, cost of & return on capital, up like a rocket & down like a feather, Antonia Watson's very confusing remuneration, milking farmers, excess profit tax & other tales from the parliamentary banking inquiry
24th Oct 24, 9:18am
Wind it up, loans without climate change conditions, cost of & return on capital, up like a rocket & down like a feather, Antonia Watson's very confusing remuneration, milking farmers, excess profit tax & other tales from the parliamentary banking inquiry
‘Are you milking farmers instead of cows?’ ANZ chief executive Antonia Watson defends banking profitability during Parliamentary hearing
23rd Oct 24, 12:39pm
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‘Are you milking farmers instead of cows?’ ANZ chief executive Antonia Watson defends banking profitability during Parliamentary hearing
Parliament’s Finance and Expenditure committee begins banking inquiry with questions for Antonia Watson, chief executive of ANZ New Zealand
23rd Oct 24, 8:55am
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Parliament’s Finance and Expenditure committee begins banking inquiry with questions for Antonia Watson, chief executive of ANZ New Zealand
Citing Resimac & Bluestone withdrawals from NZ, securitisation lobby group pushes for help for non-bank lending institutions
22nd Oct 24, 9:30am
Citing Resimac & Bluestone withdrawals from NZ, securitisation lobby group pushes for help for non-bank lending institutions
New Zealand gets its chance for some Australian-style bank political theatre
Rabobank NZ bemoans big 4 banks' capital advantage, says farmers need to operate within planetary boundaries in bank competition submission
18th Oct 24, 6:30am
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Rabobank NZ bemoans big 4 banks' capital advantage, says farmers need to operate within planetary boundaries in bank competition submission
Parliament’s inquiry into banking competition and profitability kicks off next week
17th Oct 24, 3:51pm
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Parliament’s inquiry into banking competition and profitability kicks off next week
Kiwibank's CEO may be reluctant to enter the rural banking market, but lobby group Federated Farmers wants the Government to direct it to do so
9th Oct 24, 10:31am
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Kiwibank's CEO may be reluctant to enter the rural banking market, but lobby group Federated Farmers wants the Government to direct it to do so
Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition
9th Oct 24, 9:17am
Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition
[updated]
Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role
26th Sep 24, 1:06pm
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Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role