NZ Herald
Banking Ombudsman refuses compensation for $250k scam victim, despite ASB manager helping transfer money to thieves
03/10/2024
Banking Association chief executive Roger Beaumont said banks had responded to the minister in line with his February letter and were “discussing next steps”.
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RNZ
Auckland floods: Some damaged properties now worth less than owner’s mortgage
29/09/2024
Hobbs said council had been working with the New Zealand Banking Association to see how they might be able to support people in negative equity, but it was case by case and homeowners should contact their bank to discuss options.
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NZ Adviser
Banks boost support for farmers
28/09/2024
“Our banks know that some farmers are doing it tough in the current economic environment, so it made sense to fill the funding gap for the Farm Business Advice Fund, and to renew the annual sponsorship arrangement for the Rural Support Trust,” Beaumont said.
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Banks increase funding to support farmers in need
25/09/2024
Banks are stepping up to fully fund the Farm Business Advice Fund for farmers who are under considerable business pressure, as well as continuing their sponsorship of the National Rural Support Trust. The Farm Business Advice Fund was established in 2020 to provide up to $6,000 for farmers in need to obtain financial or business...
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NZ Herald
Banking Ombudsman says scams surging, cost-of-living crisis a worry for many customers
23/09/2024
Earlier this year, NZ Banking Association chief executive Roger Beaumont urged telcos and social media platforms to take down fake websites.
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RNZ
Nearly 80 fraud and scam cases reported to banking watchdog every month, report shows
23/09/2024
Banks alone could not protect New Zealanders from scams and had asked the government for help, involving from police and other agencies, New Zealand Banking Association chief executive Roger Beaumont said.
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Newstalk ZB
Banks are pleased with changes to “draconian” lending legislation
05/09/2024
He said that one of the key changes is that the “draconian” personal liability legislation for managers and banks will be removed.
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RNZ
‘Higher income’ doesn’t mean much – financial coach
29/08/2024
“We’d encourage anyone experiencing financial difficulty to talk to their bank as soon as possible. The sooner you talk to your bank, the better placed they’ll be to assess your particular circumstances and discuss options to try to find a way through.”
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Politik
Making Kiwibank fly – with (or without) Winston
21/08/2024
“We will assess which initiatives could involve an industry approach and which ones banks will need to address individually.”
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NZ Herald
Banking competition report: The oligopoly has been saved from radical reform
21/08/2024
Chief executive Roger Beaumont praised the report: “The Commission has taken a well-informed and considered approach to the market study, which has provided useful insights into the New Zealand banking sector. We’re particularly pleased to see the Commission’s focus on the regulatory environment in which our banks operate … We support quality regulation that makes...
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