RNZ
Where are the mortgagee sales?
04/02/2025
“A mortgagee sale is usually a last resort and suggests other options are no longer available. Mortgagee sales remain extremely low, despite the economic climate.”
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Stuff
‘Follow the money’: Easy-fix could curb romance scams
31/12/2024
“Banks already compensate customers for fraud losses in cases of unauthorised access to their accounts. We are currently discussing with the government a new approach for compensation in cases of authorised payment scams, where customers are tricked into making payments to criminals.
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RNZ
No new lending for petrol stations will impact rural communities the most
11/12/2024
“The government has a range of climate-related policies and regulation aimed at addressing this issue, including climate-related risk disclosures and an emissions reduction plan. The banks take these regulatory obligations very seriously.
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RNZ
BNZ, ANZ receptive to moves to ‘enhance competition’
09/12/2024
“As an industry, we are working with the Reserve Bank on relevant recommendations such as lending on whenua Māori and basic bank accounts,” chief executive Roger Beaumont said.
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NZ Herald
Banks roll out new scam protection tool: How confirmation of payee will work
27/11/2024
“The technology build and integration of the new service differs across banks, so it’s unsurprising that each bank’s testing and delivery phase looks slightly different,” said association chief executive Roger Beaumont.
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Business Desk
KB Kookmin Bank, one of South Korea’s largest banks, pulls out of New Zealand market
13/11/2024
According to Beaumont, two overseas banks have announced in the past 18 months that they are exiting the retail market, which is a setback for competition.
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Stuff
Wellington sees big jump in properties coming to market
01/11/2024
New Zealand Banking Association chief executive Roger Beaumont said only 1.4% of home loan customers were behind on their repayments.
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RNZ
How to be financially average
22/10/2024
The NZ Banking Association said the average savings account balance in June was $15,800.
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Stuff
Australia to ban debit card payment surcharges – should NZ follow suit?
15/10/2024
“Whether or not merchants charge their customers for the cost of processing card payments is a matter for them. Some may prefer to pass on the cost, while others may absorb it as a cost of doing business,” said NZBA chief executive Roger Beaumont in a statement.
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Interest.co.nz
New Zealand banks to launch Confirmation of Payee service for more secure payments by end of November, full rollout expected by Easter 2025
10/10/2024
According to Beaumont, this means the confirmation of payee service might not be available across all online banking platforms “simultaneously” but retail banks want to have the service available across all online personal banking channels by Easter 2025.
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