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Media

Here you’ll find our media releases along with our media appearances.

Why banks won’t pass on cost of new tax
“New Zealand is an importer of capital – it’s not a new thing, we’ve always been like that and we will probably have to be for some time. So this is going to tax that more: it does mean extra costs. And any extra costs means, potentially, increased lending costs for businesses and consumers.”
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Banking industry to work with LVR changes
In response to the LVR changes announced today by the Reserve Bank, the New Zealand Bankers’ Association said that banks will work to meet the new obligations but warns that demand side initiatives are only one part of the solution. “We look forward to seeing more detail on the proposal and working with the Reserve...
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How much will you get if the bank reveals your secrets?
Bankers’ Association chief Kirk Hope says there are few times when a bank can legally divulge your information: “You’ve got compulsion by law, a public duty to divulge the information, or where a bank has to disclose information to protect its own interests, for example in a court case. Or where the customer agrees to...
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Russell McVeagh welcomed as New Zealand Bankers’ Association affiliate member
The New Zealand Bankers’ Association today welcomed Russell McVeagh as its latest affiliate member. “We are very pleased to have Russell McVeagh, one of New Zealand’s leading commercial firms, join us as an affiliate member,” said New Zealand Bankers’ Association Chief Executive Kirk Hope. “This move demonstrates Russell McVeagh’s commitment to the banking industry in...
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