- “As we have raised previously in discussions with you, the Code is not drafted in plain language despite the fact that the Code itself requires lenders to provide documentation drafted in plain language to assist customers,” NZBA says in its submission.
- Published in The New Zealand Herald, January 7, 2015 (p B19) What does money mean to you? Careful investment means you and your family can have a wider range of choices in the way that you live your life. That involves understanding the risks you are willing to take with money and making sure that... Read more »
- Published in Stuff BusinessDay, December 15, 2014 Shopping up a storm, celebrating with family, friends and colleagues, and trying to get everything sorted at work and home before we take off for the summer break. The silly season is in full swing and we’re all in a Christmas rush. A time of good cheer and... Read more »
- Contracts should be viewed in the context of the consumer credit law within which they operate, rather than in isolation, the New Zealand Bankers’ Association said.
- The New Zealand Bankers’ Association is urging people to beware of card fraud over the holidays. “It’s that time of the year when people are getting into the festive spirit, doing their Christmas shopping and anticipating the New Year sales. At this busy time it pays to keep your guard up when using your bank... Read more »
- “Only 3 per cent of New Zealand credit card holders pay the minimum each month,” he said. “That’s compared to 13 to 14 per cent in the US and UK. More than half of New Zealanders who have credit cards pay off their balance in full each month, while only a third in the US... Read more »
- New Zealand Bankers’ Association chief executive Kirk Hope says the association welcomes the Bank of China as the latest participant in the New Zealand banking industry.
- As part of International Fraud Awareness Week the New Zealand Bankers’ Association is urging consumers to stay safe online as we head into the festive season. “Now’s the time that people will be shopping for Christmas. If you’re shopping online there are some simple ways you can protect yourself from financial crime,” said New Zealand... Read more »
- Hope says the profits are result of the government’s “prudent fiscal management”, which has kept New Zealand’s economy strong. “It’s probably a preferable outcome to the opposite, which is what we’re seeing in Europe, where there is continued malaise, businesses are unable to get lending to help grow the economy and there are real problems.”
- Published in Stuff BusinessDay, November 4, 2014 In seven short years over 2.3 million New Zealanders have signed up and collectively saved around $20 billion. Love it or hate it, and most of us love it, you can’t deny that KiwiSaver has been a huge success in both getting savers on board and beginning to... Read more »
