NBR
NZ banking sector earnings show big gain
19/08/2016
“The net interest rate margin remains relatively flat and banks are really generating their profits off a reduction in expenses and also provisioning that is at historically low levels.”
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Stuff.co.nz
Big banks escape penalties for breaching conditions of registration
16/08/2016
“There are a range of mechanisms, both formal and informal, by which they ensure banks are behaving in way they should be.”
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3 News
Debate: Are banks ripping off Kiwi customers?
15/08/2015
Labour MP David Shearer and Kirk Hope from the Bankers’ Association go head-to-head on whether Kiwis are getting a fair deal from banks.
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Interest.co.nz
Labour’s David Shearer targets high bank profits
06/08/2015
Hope pointed to NZ$6.6 billion contributed to the New Zealand economy in 2014 in wages to 25,000 employees and other spending, along with NZ$1.8 billion paid in taxes.
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Stuff.co.nz
Thousands of bach owners caught up in property investor crackdown
02/08/2015
“It’s a pretty competitive market; that’s one reason banks may choose not to pass on any additional capital costs to their customers,” he said. “They may of course choose to do that.”
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NZ Herald
Ombudsman warning: Bank tech leaving older people behind
31/07/2015
Hope said all of the products that were available in the past were still available. Asked how long cheques would still be around Hope said that was directly related to customer demand. “If there is demand for it they will still be available.”
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NZ Herald
Why credit card rates won’t be coming down
23/07/2015
“Some people pay no interest on their credit cards, or they have a low interest credit card. Often they go for the higher interest product because of the loyalty offerings and because they pay the card in full before the interest free period ends.”
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Radio NZ
Investors see impact of new loan rules
21/07/2015
Bankers’ Association chief executive Kirk Hope said retail banks were honouring pre-approvals to property investors made prior to 16 June, but all new applications were being approved on a case by case basis.
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NZ Herald
Diana Clement: Pet investments put the ‘fun’ back into funds
18/07/2015
A collector who will be sitting on capital gain, if he ever wanted to part with his beloved old school vinyl records, is Kirk Hope chief executive of the New Zealand Bankers’ Association.
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Stuff.co.nz
Banks warn of loophole in Government plan to track foreign buyers
15/07/2015
“This…does not provide the outcome that the Government is seeking, which is to ensure that the person is fully identified and verified,” Hope wrote. The banking industry is pushing for real estate agents and lawyers who have the relationships with property buyers should meet the obligation to verify their identity.
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