Newsroom
Banks slammed for ‘cartel behaviour’ over trucking cash
19/09/2025
“If we continue as we are now, the likely result will be reduced reliability, slower response times, and a general decline in the overall quality of cash-in-transit services – posing a real risk to the future viability and reliability of this service.
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Stuff
Can NZ First’s woke banking bill recover from humiliating criticism?
12/09/2025
Roger Beaumont, chief executive of the Banking Association, told the committee: “This bill is based on a serious misunderstanding. It ignores the fact that banks make credit decisions based on commercial reasons, not on the basis of murky moralising.”
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Business Desk
NZ banking capital adequacy proposals may face choppy trans-Tasman seas
04/09/2025
NZ Banking Association chief executive Roger Beaumont said RBNZ’s proposal was a step in what he saw as the right direction, likely with differing impacts on each of the various sector players.
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Good Returns
Banks’ new comparison calculator no threat to advisers: Patten
02/09/2025
“We’ve tried to keep the calculator as user-friendly as possible. We hope uptake is strong and that users find it helpful.”
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NZ Adviser
Banks launch calculator to compare NZ home loan offers
02/09/2025
“We are delighted to launch the calculator in association with Interest,” Beaumont said in a media release. “Our banks compete strongly in the home loan market, and we support providing borrowers with clear information to help make one of the most important financial decisions of their lives.”
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Banks launch home loan comparison calculator
01/09/2025
The banking industry today launched an online calculator that allows consumers to compare up to three home loan offers. This initiative responds to a recommendation in the Commerce Commission’s market study into personal banking services. The home loan calculator is hosted by Interest.co.nz and is available here: https://www.interest.co.nz/calculators/home-loan-comparison-calculator The calculator will allow prospective borrowers to...
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Reuters
New Zealand central bank proposes lowering lenders’ capital requirements
25/08/2025
Banking Association Chief Executive Roger Beaumont said the announcement was a step in the right direction, and it was currently working with its 17 members to develop a response to the proposals.
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Stuff
Parliament’s banking inquiry delivers ‘useful but timid’ report
22/08/2025
“The committee has carried out a thorough investigation of consumer and rural banking in New Zealand today. The focus on regulatory barriers to increased competition, and what regulators can do to improve that, is especially good to see,” New Zealand Banking Association chief executive Roger Beaumont.
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Stuff
Case shows banks may need controversial law change for more recent lending errors
15/08/2025
Banking Association chief executive Roger Beaumont told a select committee earlier this month that any lender making any mistake, such as “getting a phone number wrong”, could be subject to draconian penalties that went far beyond compensating borrowers for their actual losses.
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NZ Herald
Couple take former Pāpāmoa Beach home owner to court as she refuses to leave after mortgagee sale
03/08/2025
New Zealand Banking Association chief executive Roger Beaumont said banks are responsible lenders. They typically have dedicated teams to deal with those experiencing financial difficulty and mortgagee sales were “rare and always a last resort”.
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