Newsroom
Banks blacklist mobile shopping trucks
20/04/2018
The New Zealand Bankers’ Association said it strongly supported efforts to crack down on predatory lending, but could not force its members to boycott truck operators or pay day lenders.
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Interest.co.nz
Bank lobby voices concerns over bid to have a government-guaranteed, government-run KiwiSaver provider
19/04/2018
NZBA argues giving preferential treatment to ‘KiwiFund’ in the form of a government guarantee would “skew the competitive nature of the KiwiSaver market”.
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Stuff.co.nz
Bank steps in to refund elderly woman’s scalped ticket
05/04/2018
“If you haven’t used the site before, or aren’t sure they’re a reputable business, it pays to do some research,” Scott-Howman said. “Before purchasing anything online, make sure you’re dealing with a business you can trust.”
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Interest.co.nz
Judith Collins says the likely small size of the dwellings in the new Unitec development housing area will put pressure on borrowers
04/04/2018
New Zealand Bankers’ Association chief executive Karen Scott-Howman says size is among a number of factors that banks may take into account when looking at lending on apartments.
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NBR
Small builders under the pump from Aussie banks
03/04/2018
“There are a number of factors banks take into account when considering applications for development finance. Preference is given to established builders and developers with a relationship with a bank and sound credit record. Banks also consider the quality of the intended build and the range of pre-sales.”
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NZ Herald
What does the Royal Commission grilling of Australia’s big banks mean for New Zealand?
27/03/2018
“New Zealand’s regulatory environment is very different from that in Australia, and the Australian-owned banks operating in New Zealand are separately governed and regulated under New Zealand law.”
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Interest.co.nz
Housing Minister Phil Twyford is anticipating a significant chunk of the Government’s KiwiBuild homes will be prefabricated
15/03/2018
“The issue is that you can’t create a security interest in something you don’t own,” Scott-Howman says. In these cases, it’s difficult for banks to lend without security, or lend an amount greater than the value of the security.
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The Spinoff
Tap that: why we love contactless debit cards
15/03/2018
“Whether or not retailers choose to pass those costs on to consumers is up to them. It’s inaccurate to say that all retailers raise their prices to cover those costs. Some may do so, while others may absorb it as a cost of doing business,” chief executive Karen Scott-Howman says. And she says in countries where...
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Australian Financial Review
New Zealand prime minister Jacinda Ardern outplays Malcolm Turnbull
02/03/2018
Karen Scott-Howman, chief executive of the New Zealand Bankers’ Association, says the banks in New Zealand are really concerned about the crisis management between Australia and New Zealand. This refers to the demand by the Reserve Bank of New Zealand that banks domiciled in New Zealand have separate computer back-up in place in case their...
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TVNZ
Fair Go – A whale of a scam
26/02/2018
Your bank will reimburse you where someone accessed your electronic banking or your card without your authority, so long as you weren’t fraudulent or negligent, complied with their terms and conditions, and took reasonable steps to protect your banking.
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