Interest.co.nz
The New Zealand Bankers’ Association says there are no plans to resurrect the mortgage deferral scheme, but isn’t ruling out doing so
24/08/2021
Roger Beaumont, chief executive of bank lobby group the New Zealand Bankers’ Association, says there’s no move to bring back a loan repayment deferral scheme at this stage However, he says this could change depending on how the current outbreak unfolds.
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NZ Herald
Covid 19 coronavirus Delta outbreak: No rent rise freezes, mortgage deferrals ‘at this stage’
23/08/2021
“Anyone experiencing financial difficulty because of the current lockdown should contact their bank to discuss how they can help. Banks can offer a range of options for customers facing hardship, depending on their circumstances.”
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Stuff
How half of home loan borrowers are using lockdown interest rates to get ahead
18/08/2021
“The historically low interest rate environment we’ve experienced over the last few years will also have had an impact on borrowers being able to repay their loans faster,” Beaumont said.
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Stuff
Banks: Call us, if you are under financial pressure
18/08/2021
New Zealand Bankers’ Association chief executive Roger Beaumont said: “On top of the support measures already announced by the government, we encourage anyone experiencing financial difficulty as a result of the lockdown to contact their bank.
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NZ Adviser
How many Kiwis are ahead on home loan repayments?
18/08/2021
According to Roger Beaumont, chief executive at NZBA, data collected and aggregated from NZBA’s 10 main retail member banks showed that 50% of home loan customers are ahead on their repayments.
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Half of home loans ahead on repayments
17/08/2021
Half the people with home loans in New Zealand are ahead on their repayments the New Zealand Bankers’ Association revealed today. “Our data shows that 50 per cent of home loan customers are ahead on their repayments. That says a lot about the financial capability of people with a mortgage. They think it’s a good...
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Stuff
Data portability is coming to NZ – here’s what it means to you
12/07/2021
Bankers’ Association spokesman Philip van Dyk told Stuff last week that it supported the initiative “in principle” before adding that “research shows that few people think sharing your personal information with third parties is a good idea.”
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Stuff
Anger as half of bank branches cut their hours and cash is increasingly difficult to use — Reserve Bank finds
06/07/2021
The closure of branches sparked a hearing in Parliament in which the Bankers’ Association defended the closures saying they only reflected customer demand digital banking.
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Stuff
‘Consumer data right’ may make switching banks easier
06/07/2021
“Research shows that few people think sharing your personal information with third parties is a good idea. Third parties seeking to use consumers’ personal data will need to show they have proper safeguards in place.”
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Otago Daily Times
Disabled, older bank users allege neglect
06/07/2021
Less than 1% of payments were made by cheque and options for former cheque users included direct debit, automatic payments and phoning a bank, he said.
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