- Banks have spent hundreds of millions of dollars in recent years installing and upgrading digital technology, internet and phone banking. That’s in response to changing customer demand for 24/7 banking services.
- Antony Buick-Constable, Acting Chief Executive Published in OneRoof.co.nz, 27 August 2018 These are the best of times and worst of times for the construction industry. The country is in the middle of a building boom, but large and small firms alike have been caught out by rising costs, a shortage of skilled labour, the way... Read more »
- It would be irresponsible not to talk to people about insurance when they’re getting a mortgage, or discussing KiwiSaver options to help them provide for a more financially secure retirement.
- If you’d like to get the most out of your banking and manage your money better, it might pay to check out the Smarter Banking guide launched by the New Zealand Bankers’ Association today. “The guide provides practical information for customers about their everyday banking. It’s also intended to complement the recently revised Code of... Read more »
- “If you don’t respond, or if your response is incomplete, your bank is required to freeze or close accounts opened from 1 July 2017 to comply with the law. Banks have started freezing or closing affected accounts this week.”
- Some New Zealanders are having their bank accounts frozen because of OECD regulations reflected in New Zealand law, which requires banks to comply. “If your bank has asked you about your foreign tax status, you should respond as soon as possible, regardless of your tax status,” says New Zealand Bankers’ Association deputy chief executive Antony... Read more »
- Sedgwick recommended that any bonuses be based on a range of measures, including factors like customer satisfaction. Some of our banks have already completed this work.