Radio NZ
Investors see impact of new loan rules
21/07/2015
Bankers’ Association chief executive Kirk Hope said retail banks were honouring pre-approvals to property investors made prior to 16 June, but all new applications were being approved on a case by case basis.
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NZ Herald
Diana Clement: Pet investments put the ‘fun’ back into funds
18/07/2015
A collector who will be sitting on capital gain, if he ever wanted to part with his beloved old school vinyl records, is Kirk Hope chief executive of the New Zealand Bankers’ Association.
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Stuff.co.nz
Banks warn of loophole in Government plan to track foreign buyers
15/07/2015
“This…does not provide the outcome that the Government is seeking, which is to ensure that the person is fully identified and verified,” Hope wrote. The banking industry is pushing for real estate agents and lawyers who have the relationships with property buyers should meet the obligation to verify their identity.
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NBR
Anti-money laundering law ‘significant cost’ for banks
03/07/2015
Banks operate in a “very competitive” environment to attract and retain customers but this is balanced by the need to take compliance obligations seriously. “If they can continue to bank a customer within the bounds of their AML obligations, they will.”
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NZ Herald
Racial bias in mortgage lending exposed
18/06/2015
New Zealand Bankers’ Association chief executive Kirk Hope said racial stereotyping was not in the banks’ or their customers interests especially within such a competitive part of the banking sector.
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Interest.co.nz
Banks tight-lipped over talk of loosening lending requirements for apartment buyers as apartment living ‘loses its stigma’
16/06/2015
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How to spot financial elder abuse
14/06/2015
As part of Elder Abuse Awareness Week the New Zealand Bankers’ Association is encouraging people to look out for financial elder abuse. “Financial elder abuse is about the illegal or improper use of older people’s money, property and other assets. It’s particularly nasty because it preys on people’s trust, and often exploits family and other...
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Supporting New Zealand’s farmers
10/06/2015
Farmers facing tough times are being encouraged to talk to their bank early and often in an information resource launched today by the New Zealand Bankers’ Association at Fieldays. “We all know that the agri sector is hugely important to our economy. We also understand the volatility and complexity of the sector,” said New Zealand...
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Interest.co.nz
Here’s a collection of some of the political and business comments offered on the Budget announcement
21/05/2015
Budget 2015 continues the government’s responsible economic direction the New Zealand Bankers’ Association said today.
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Stuff.co.nz
Budget 2015: Business leaders react
21/05/2015
Bankers Association boss Kirk Hope said removing the kickstart was understandable from a cost perspective, but he called on the Government to commit to beefing up rules around enrolment.
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