Radio NZ
Reserve Bank unnerved at continuing house price rises
02/01/2013
Kirk Hope says there are a range of questions that need to be addressed in considering tools that restrict amounts that can be borrowed to buy houses.
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3 News
Financial security key for holiday season
21/12/2012
Kirk Hope talks to Firstline about fraud safety and the year in review.
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NZ Herald
Novopay victims given free overdrafts
30/11/2012
Retail banks across New Zealand have stepped in to help school staff financially affected by the Novopay debacle.
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TVNZ
Banks come to aid of school staff caught in Novopay debacle
29/11/2012
“The Christmas period’s a special period for families, so the banking industry wanted to help people who hadn’t been paid and take out some of the stress from this period for them,” said Kirk Hope of the New Zealand Bankers’ Association.
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Stuff.co.nz
Banks step up to Novopay challenge
29/11/2012
New Zealand banks are wading into the Novopay disaster to offer interest-free overdrafts to teachers and school staff running short on cash.
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3 News
New banking initiative offers ‘Novopay overdrafts’
29/11/2012
A new initiative ensures that teachers not paid, or underpaid, because of Novopay problems, aren’t hit by bank fees and interest charges.
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Radio NZ
Bankers respond to criticism over profits
22/11/2012
The Bankers Association commissioned Massey University’s Centre for Banking Studies to compare the return on shareholders’ equity for the banks, with those of the top 50 listed firms, between 2008 and 2012.
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Interest.co.nz
Bank lobby group says NZ bank profits in the middle of the pack when compared with major listed companies
21/11/2012
Bank lobby group the New Zealand Bankers’ Association (NZBA) says bank profitability, based on return on equity (RoE) over the past five years, comes in mid-table when compared with bigger sharemarket listed companies.
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Interest.co.nz
New Zealand will seek to negotiate tax information agreement with US over ‘FATCA’ law NZ banks had feared would cost them NZ$100 mln
25/10/2012
“It’s a useful step towards sorting out a very thorny and expensive compliance issue for us. We understand US moves to clamp down on tax evasion by Americans living around the world. But without an inter-governmental agreement, the US law’s provisions are virtually unworkable,” said Hope.
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NBR
Banks claw back profits
24/10/2012
Large profits in the banking sector needed to be considered alongside the contribution banks made to the economy, Mr Hope says. “Last year banks contributed around $6 billion to our economy through the $4.5 billion they invest in running their businesses here, and the $1.3 billion they paid in tax.”
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