Tougher new Kiwi regime on the way 26 September 2019 4:29PM Incentives based on sales targets will be banned and banks and other financial institutions will face fines for conduct breaches under tough new regulations soon to be introduced in New Zealand. read more
AD: Join us at the 4th Open Banking and API's Summit 26 September 2019 5:16AM With less than 3 weeks to go, don't miss out on this must attend event on 16th to 18th of October 2019 and learn how to develop your roadmap to deliver personalised experiences, unlock new revenue str.. read more
Margins and growth cost Teachers Mutual 24 September 2019 3:45PM Investment in the business and a squeeze on interest margins put a dent in the profit of Teachers Mutual Bank. read more
Bank mis-steps to be broadcast to all 24 September 2019 3:38PM The RBNZ is expected to start publishing breaches by banks on its website from the start of next year. read more
Property weazel bids for its life 23 September 2019 3:55PM Housing is bracing to pop, with Eastern Suburbs money buying into the story. read more
Aussie $100 vanishes 20 September 2019 4:20PM Relatively few $100 polymer Australian banknotes have been returned to the RBA for processing, the central bank admits in its Bulletin for September 2019. read more
Bank tax stacks 20 September 2019 4:19PM The revenue raised by the major bank levy is a minor disappointment for the Treasury and a major headache for the industry. read more
Industry banks on inertia: ACCC 19 September 2019 4:03PM "Transparency might be the answer," to the embedded anti-competitive tendencies in the banking industry, which trades on the "assumption of commercial inertia", the ACCC's Marcus Bezzi told a parliame.. read more
Briefs: Westpac NZ pay equity, life insurers ignore regulators , Kiwibank campaign to beat Aussies 18 September 2019 4:03PM A "shocked" Westpac NZ CEO David McLean decided front footing the issue was the way to go after a report into pay equity at the bank found a gender pay gap of 30.3 per cent. read more
ANZ tops Kiwi's naughty list 17 September 2019 4:12PM It's been a very big year for bank culture and conduct issues said NZ Banking Ombudsman Nicola Sladden, introducing the annual report which showed it was also a big year for complaints against t.. read more