FEC

Insurers would be forced to cover specific customers which could push up prices and make it harder to offer insurance if ‘Woke Banking’ Bill goes ahead, Insurance Council of New Zealand says

Insurers would be forced to cover specific customers which could push up prices and make it harder to offer insurance if ‘Woke Banking’ Bill goes ahead, Insurance Council of New Zealand says

A majority of Finance and Expenditure Committee members want the Reserve Bank to scrap all further increases in bank capital requirements and establish an independent committee to make prudential policy more market friendly

A majority of Finance and Expenditure Committee members want the Reserve Bank to scrap all further increases in bank capital requirements and establish an independent committee to make prudential policy more market friendly

Big banks could face a bigger tax bill after Budget 2026, as Finance Minister Nicola Willis seeks advice on whether they are paying their fair share

Big banks could face a bigger tax bill after Budget 2026, as Finance Minister Nicola Willis seeks advice on whether they are paying their fair share

Westpac argues the Reserve Bank should consider following other countries in relaxing banks' capital requirements to improve access to lending

Westpac argues the Reserve Bank should consider following other countries in relaxing banks' capital requirements to improve access to lending

Adrian Orr’s resignation gives the Government an opportunity to influence the Reserve Bank and any candidate seeking to replace him

Adrian Orr’s resignation gives the Government an opportunity to influence the Reserve Bank and any candidate seeking to replace him

Big banks are likely to have capital rules loosened as a result of the inquiry into the lack of banking competition

Big banks are likely to have capital rules loosened as a result of the inquiry into the lack of banking competition

Lawyers at Chapman Tripp say NZ First’s bill would only require banks to do extra paperwork and wouldn’t make it easier for coal mines to access capital

Lawyers at Chapman Tripp say NZ First’s bill would only require banks to do extra paperwork and wouldn’t make it easier for coal mines to access capital

Federated Farmers want Finance Minister Nicola Willis to force the Reserve Bank to loosen its capital requirement rules to make rural lending more affordable

Federated Farmers want Finance Minister Nicola Willis to force the Reserve Bank to loosen its capital requirement rules to make rural lending more affordable

The chief executives of the four big banks will be asked to reappear before Parliament’s inquiry for focused 90-minute hearings

The chief executives of the four big banks will be asked to reappear before Parliament’s inquiry for focused 90-minute hearings

The private Member’s Bill could send bank staff to prison for denying loans to the fossil-fuel industry without a 'valid' commercial reason

The private Member’s Bill could send bank staff to prison for denying loans to the fossil-fuel industry without a 'valid' commercial reason

Stuart Smith, chairman of Parliament's Finance and Expenditure Committee, dropped in favour of National Party insider Cameron Brewer

Stuart Smith, chairman of Parliament's Finance and Expenditure Committee, dropped in favour of National Party insider Cameron Brewer

Federated Farmers asks the Commerce Commission to investigate bank 'cartel-like' climate goals, BNZ tells petrol station owners it won't offer any new loans to the sector

Federated Farmers asks the Commerce Commission to investigate bank 'cartel-like' climate goals, BNZ tells petrol station owners it won't offer any new loans to the sector

Reserve Bank officials say global inflation generated by President-elect Donald Trump's trade policies will be manageable but risks triggering a wider trade war. MP says RBNZ being 'too sanguine'

Reserve Bank officials say global inflation generated by President-elect Donald Trump's trade policies will be manageable but risks triggering a wider trade war. MP says RBNZ being 'too sanguine'

‘Are you milking farmers instead of cows?’ ANZ chief executive Antonia Watson defends banking profitability during Parliamentary hearing

‘Are you milking farmers instead of cows?’ ANZ chief executive Antonia Watson defends banking profitability during Parliamentary hearing

Parliament’s Finance and Expenditure committee begins banking inquiry with questions for Antonia Watson, chief executive of ANZ New Zealand

Parliament’s Finance and Expenditure committee begins banking inquiry with questions for Antonia Watson, chief executive of ANZ New Zealand