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Media

Here you’ll find our media releases along with our media appearances.

Interest.co.nz
Reserve Bank needs to promote banking competition after big 4 made more profit in 4yrs after crisis than before it, Green Party says
10/05/2012
New Zealand Bankers Association CEO Kirk Hope told interest.co.nz that there was a high level of competition between New Zealand banks. Banks in New Zealand also contributed around NZ$6 billion to the economy each year via their own operating expenses – mostly wages to over 25,000 employees – and taxes paid in New Zealand.
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Stuff.co.nz
US taxman’s long arm threatens costly Kiwi headaches
04/05/2012
New Zealand financial institutions are fighting a United States tax that threatens to saddle them with millions of dollars in regulation costs and could end up costing Kiwi consumers. Outright opposition was not an option because non-compliant institutions would be slapped with hefty withholding penalties. It was “a very likely outcome” that those increased regulatory costs...
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Stuff.co.nz
Loan shark regulators must be visible
13/04/2012
Loan shark regulators should open shops in at-risk areas to deter dodgy lending and give borrowers easier access to official help, says a banking leader. Bankers’ Association chief executive Kirk Hope said opening a shopfront would help regulators enforce the rules against predatory lenders in areas where they were concentrated.
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