3 News
Housing to get tougher for first-time buyers
25/09/2013
“It says it’s likely banks won’t even lend 10 percent, and it’s more likely to be 5 percent.”
Read Article
Consumer credit law should be well-targeted and enforced
16/09/2013
The New Zealand Bankers’ Association today welcomed the first reading of the Credit Contracts and Financial Services Law Reform Bill, and cautioned further work was needed to meet the Bill’s aims. “Quality regulation is well-targeted and properly enforced. That’s the outcome we’re looking for here,” said New Zealand Bankers’ Association chief executive Kirk Hope. The...
Read Article
Make a date with your money
29/08/2013
Make a date with your money 30.08.2013 The New Zealand Bankers’ Association is encouraging people to make a date with their money during Money Week, which runs from 1 to 7 September. “The idea is to set aside some time to take stock of your financial situation and make a plan for the future,” said...
Read Article
Bankers’ Association welcomes positive moves on business regulation
29/08/2013
The New Zealand Bankers’ Association has congratulated the government on two positive moves in the area of business regulation. Today a unique New Zealand Business Number is being rolled out, and earlier this week the Financial Markets Conduct Act passed. “A single reference number for all New Zealand companies will help businesses easily identify themselves...
Read Article
NZ Herald
Rush on for loan approval
28/08/2013
New Zealand Bankers’ Association chief executive Kirk Hope said people should be aware they may be declined loans because of the new restrictions and advised people to talk to their bank about individual needs and circumstances.
Read Article
Radio NZ
Radio New Zealand interview about lending limits
21/08/2013
Kirk Hope talks to Geoff Robinson on Morning Report about lending restrictions imposed by the Reserve Bank.
Read Article
Stuff.co.nz
RBNZ cracks down on mortgage lending
20/08/2013
“While there are positive moves to deal with the supply issue, that will take some time to be resolved. Credit growth, currently at around five per cent, is not driving this,” said New Zealand Bankers’ Association chief executive Kirk Hope.
Read Article
Banks will work hard to meet customer needs within new lending limits
19/08/2013
In response to the Reserve Bank imposing limits on higher loan-to-value ratio mortgage lending today, the New Zealand Bankers’ Association said banks would continue to work hard to meet their customers’ needs within the new restrictions. “People should be aware they may be declined loans because of the new restrictions imposed by the Reserve Bank....
Read Article
Radio NZ
Banks claim first home buyers will suffer if proposed mortgage lending restrictions go ahead
16/07/2013
Kirk Hope talks to Kathryn Ryan on Nine to Noon about proposed lending limits and the impact on first-home buyers.
Read Article
Dominion Post
Loans door shutting on first-home buyers
16/07/2013
One in every two to three first-home buyers could be shut out of the housing market as the Reserve Bank forges ahead with controversial restrictions on home loans. Bankers’ Association chief executive Kirk Hope said the rules would have “perverse consequences” and lock buyers out of the market.
Read Article