NZ Herald
The living-wage debate: Are law firms playing by the book?
08/09/2022
New Zealand Bankers’ Association (NZBA) Roger Beaumont said by becoming the first Accredited Living Wage industry, banking moved more than 1800 people onto the living wage.
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Newsroom
Govt declines to free up emergency lending in CCCFA changes
07/09/2022
New Zealand Bankers’ Association chief executive Roger Beaumont says banks can no longer help customers who might need a low-interest loan for an emergency, and the Government did not address this issue in its recent announcement on further changes to the Act.
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Stuff
Property investors told to repay debts
05/09/2022
New Zealand Bankers’ Association chief executive Roger Beaumont said lending policies and risk appetite would vary from bank to bank and could change over time. “In applying those policies, banks will look at a borrower’s particular circumstances, including their debt levels, security, and ability to repay any loans.”
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Business Desk
Insurers and banks looking for more climate data as disclosure deadline looms
31/08/2022
However, it wasn’t just banks that needed to know about property at possible risk from more frequent extreme weather events and rising sea levels. “This information needs to be freely available in a form that’s easily understood to property owners, potential buyers, developers, insurers, local authorities as well as lenders.”
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Newsroom
Pressure on Govt to move faster to break up Visa-Mastercard duopoly
18/08/2022
“Banks operate in a highly regulated environment and take their compliance obligations very seriously. In this case, we respect the fact that the cap has been set by the government.”
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NZ Herald
Unintended consequences: Credit law change led to intrusive inquiries and higher decline rates for creditworthy borrowers
08/08/2022
That has disappointed the NZ Bankers Association, whose CEO Roger Beaumont said it would have been better to target affordability regulations to riskier lending and lenders, as well as to make changes to the penalties regime.
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Otago Daily Times
Waimate included in expanded regional banking hub trial
05/08/2022
The new hubs will have a Smart ATM and full cash change services, a full-time dedicated concierge, an employee from each bank available on site for a few hours on separate weekdays, a private meeting room, and private areas for phone and internet banking.
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Stuff
More banking hubs to help customers where banks have closed
05/08/2022
“With major changes in customer behaviour accelerated by the Covid-19 pandemic and regular changes in alert levels. We intend to run the next phase until the end of 2023, to give these dynamic changes time to pan out,” Beaumont said.
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NZ Herald
Six banks to expand regional trial until end of 2023
05/08/2022
A regional banking hub trial involving six major banks is to extend until the end of next year and add another four hubs.
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Banks expand regional banking hubs trial
04/08/2022
The New Zealand Bankers’ Association and the six participating banks have decided to expand the regional banking hubs trial until the end of 2023, opening four new model hubs and adapting the existing four. The Finance Minister launched NZBA’s regional banking hubs trial in November 2020, with hubs opened in Martinborough, Ōpunake, Stoke and Twizel....
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