NZ Adviser
Stay safe on Black Friday – NZBA
24/11/2023
“It’s worth taking a moment to check who you’re dealing with online before parting with your money and your personal information.”
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Newshub
Auckland Transport prepares for Black Friday traffic after Newmarket chaos
23/11/2023
The Banking Association has released advice for online shoppers, urging people to go with trusted retailers. And there’s the adage – if it seems too good to be true, it probably is.
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NZ Herald
Black Friday deals in the Bay of Plenty: What local shops and big retailers have on offer
23/11/2023
While grabbing a bargain online was exciting, New Zealand Banking Association chief executive Roger Beaumont advised shoppers to “take a sec to check”. He said scammers used this time of year and shopping events such as Black Friday to target unsuspecting customers, especially online and through deals that seem “too good to be true”.
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NZ Herald
Black Friday sales NZ: How to dodge the scammers
23/11/2023
The New Zealand Banking Association said Black Friday ads and sales pitches should be closely scrutinised.
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NZ Herald
Bank scams: MBIE, bank survey says $198m lost to scammers
13/11/2023
“Scams go much wider than our industry, affecting government agencies, telcos, social media companies, and internet service providers. An anti-scam centre would provide a centralised and co-ordinated multi-sector approach to fighting scams from a New Zealand-wide perspective,” Beaumont said.
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Interest.co.nz
Reforming the controversial Credit Contracts & Consumer Finance Act could turn out to be more complex than hoped by its critics
26/10/2023
“Without retrospective change, there is a real risk that a minor error in disclosure, which has no borrower impact and does not reflect irresponsible or poor lending practices, will have serious consequences,” the NZBA submission said.
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Consumer NZ
Rural banking: Are the new hubs working?
24/10/2023
The seven hubs are part of a trial by the New Zealand Banking Association to find a new approach to providing banking services in rural areas. Six banks are involved – ANZ, ASB, BNZ, Kiwibank, TSB and Westpac.
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Stuff
Will new government provide easier path for mortgage borrowers?
17/10/2023
“Every time there’s a change, banks need to adjust their lending policies and processes and re-train staff. Part of developing quality regulation is making sure it’s fit for purpose the first time around.”
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NZ Adviser
How are bank home loan volumes tracking?
14/10/2023
New Zealand Banking Association chief executive Roger Beaumont told NZ Adviser that the drop in the number of new home loans was a likely reflection of the state of the housing market and wider economic conditions during the first half of 2023.
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Good Returns
Number of borrowers ahead on repayments dips slightly
13/10/2023
“For a long time, when interest rates were at an historic low, people who relied on income from bank deposits got relatively low returns. Now that interest rates are up, people are investing more in term deposits.”
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