RBNZ reviews risk weights 27 March 2013 5:10PM The Reserve Bank of New Zealand has proposed banks hold more capital for higher loan to value ratio loans in a move to slow a surge in riskier lending and housing inflation read more
RBNZ wants stronger payments powers 25 March 2013 5:11PM The Reserve Bank of New Zealand has proposed a strengthening of its oversight powers over the payments and settlements systems. read more
Calls for deposit insurance in NZ 25 March 2013 5:01PM Opposition parties and some economists have called for the adoption of a deposit insurance scheme in New Zealand after a week of debate over the Reserve Bank's new system for dealing with a bank fai.. read more
RBNZ details housing bubble concerns 15 March 2013 5:51PM Reserve Bank of New Zealand governor Graeme Wheeler has warned that the "last thing New Zealand needs is another housing bubble", which he said was why the bank was working quickly to have macro-prude.. read more
NZ banks to shift back to foreign funding 15 March 2013 5:48PM The Reserve Bank of New Zealand pointed in its March quarter monetary policy statement to the likelihood that New Zealand banks would return to international markets to fund growth in lending fo.. read more
New Zealand class action gains traction 14 March 2013 5:49PM The lawyers behind a class action lawsuit against New Zealand's banks over dishonour fees say their campaign to sign up over 100,000 complainants is gaining traction, with 16,000 people signing up i.. read more
Exception fee class action moves across the Tasman 12 March 2013 5:36PM Independent New Zealand lawyer Andrew Hooker, Slater and Gordon and Litigation Lending Services (LLS) have announced they are funding a class action lawsuit and hope to gather the names of more than.. read more
NZ watchdog slams Forsyth Barr, Credit Agricole 08 March 2013 5:41PM New Zealand's Commerce Commission has slammed leading brokerage Forsyth Barr and Credit Agricole's Calyon over the way they sold toxic bonds to retail investors in 2006. read more
RBNZ starts consulting on new tools 05 March 2013 5:34PM The Reserve Bank of New Zealand has issued a consultation paper on proposals for four macro-prudential tools to reduce financial system risk and dampen the sort of excessive credit growth and asset.. read more
Goldman to review Kiwibank capital 04 March 2013 5:57PM New Zealand Prime Minister John Key has confirmed Goldman Sachs has been appointed to review Kiwibank's capital needs, but he has ruled out a government sale. read more