Media

Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.

Media Appearances

Stuff - Union calls for 5% levy on ‘excess bank profits’

- New Zealand Banking Association chief executive Roger Beaumont said bank profits looked big because they were among the country’s biggest companies. “They employ over 28,000 people in New Zealand and lend over $540b to fund household and business needs. Last year banks made a net contribution to our economy of $1.92b. They spent $9.1b running... Read more »
Opinions

Fasten your seatbelts

- Roger Beaumont Published in KPMG’s Financial Institutions Performance Survey Review of 2022, 14 March 2023 We continue to live in interesting times. Since the arrival of Covid-19 three years ago, provoking an unprecedented response around the world and in New Zealand, nothing seems quite the same. While New Zealand weathered the Covid onslaught relatively well... Read more »
Media Appearances

Business Desk - Banks ‘welcome’ prospect of an inquiry

- “The industry would welcome the opportunity to discuss bank profits and the contribution banks make to support the New Zealand economy, households and businesses,” NZ Banking Association chief executive Roger Beaumont said.
Media Appearances

Newshub - Government wants levy to pay for new banking system

- “If you wanted to switch banks today you would simply go into the new bank and sign an authorisation form and all of that process would happen behind the scenes within five working days,” said Roger Beaumont of the New Zealand Banking Association.