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Banking competition

Reserve Bank Governor Adrian Orr says competition between retail banks should be heating up as Commerce Commission prepare to report back on its market study
29th Feb 24, 12:42pm
17
Reserve Bank Governor Adrian Orr says competition between retail banks should be heating up as Commerce Commission prepare to report back on its market study
Commerce & Consumer Affairs Minister Andrew Bayly says banking probe could look at encouraging more lending to 'productive' sectors instead of housing
19th Feb 24, 10:10am
10
Commerce & Consumer Affairs Minister Andrew Bayly says banking probe could look at encouraging more lending to 'productive' sectors instead of housing
Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission
17th Feb 24, 9:40am
13
Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission
[updated]
ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
15th Feb 24, 5:17pm
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ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
David Cunningham examines the disparity between fixed and floating mortgage rates in New Zealand
23rd Nov 23, 9:06am
by Guest
16
David Cunningham examines the disparity between fixed and floating mortgage rates in New Zealand
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
18th Nov 23, 9:21am
1
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
ANZ NZ financial results 'balanced very fairly across our customers and our shareholders,' CEO Antonia Watson says
14th Nov 23, 1:59pm
6
ANZ NZ financial results 'balanced very fairly across our customers and our shareholders,' CEO Antonia Watson says
CEO Dan Huggins says BNZ's home loan and deposit market share growth suggests its customers are happy, as annual profit & net interest margin surge
11th Nov 23, 9:15am
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CEO Dan Huggins says BNZ's home loan and deposit market share growth suggests its customers are happy, as annual profit & net interest margin surge
RBNZ sees 'minimal impact' on wider public from tougher rules on banks operating in NZ as branches of overseas banks, touts 'onshoring' effect
8th Nov 23, 11:07am
RBNZ sees 'minimal impact' on wider public from tougher rules on banks operating in NZ as branches of overseas banks, touts 'onshoring' effect
Commerce Commission criticised for 'technocratic rather than democratic' bank competition probe, by consultancy Habilis, which wants it to protect the weak rather than play the role of a neutral umpire
25th Oct 23, 11:52am
9
Commerce Commission criticised for 'technocratic rather than democratic' bank competition probe, by consultancy Habilis, which wants it to protect the weak rather than play the role of a neutral umpire
Westpac floats idea of mutual anti-money laundering due diligence across banks to help improve the customer switching experience
21st Oct 23, 10:11am
6
Westpac floats idea of mutual anti-money laundering due diligence across banks to help improve the customer switching experience
[updated]
RBNZ mulls giving non-bank deposit takers access to settlement accounts so they don't have to go through the big banks who get the financial benefit
19th Oct 23, 2:42pm
7
RBNZ mulls giving non-bank deposit takers access to settlement accounts so they don't have to go through the big banks who get the financial benefit
Andrew Body & Simon Jensen argue efficient credit allocation to reduce the cost of capital for business and improve productivity is a silver bullet for the NZ economy
11th Oct 23, 9:44am
by Guest
13
Andrew Body & Simon Jensen argue efficient credit allocation to reduce the cost of capital for business and improve productivity is a silver bullet for the NZ economy
Four NZ-owned banks suggest laws could be targeted at improving competition, or at least not harming it
11th Oct 23, 9:21am
Four NZ-owned banks suggest laws could be targeted at improving competition, or at least not harming it
New Zealand banks need to do right by their customers, and it starts with dropping mortgage rates, David Cunningham argues
7th Sep 23, 8:00am
by Guest
98
New Zealand banks need to do right by their customers, and it starts with dropping mortgage rates, David Cunningham argues
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
31st Aug 23, 1:45pm
1
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market
26th Aug 23, 10:45am
26
CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market
Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
20th Aug 23, 6:00am
68
Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
10th Aug 23, 10:52am
37
Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
14th Jul 23, 8:32am
3
As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
BNZ follows Aussie parent NAB and says it will no longer include hyperlinks in texts after high-profile frauds hit media
10th Jul 23, 11:35am
14
BNZ follows Aussie parent NAB and says it will no longer include hyperlinks in texts after high-profile frauds hit media
Rebecca Stevenson says as a customer, TSB feels like a small bank stuck in a hard place
8th Jul 23, 9:09am
37
Rebecca Stevenson says as a customer, TSB feels like a small bank stuck in a hard place
Fintech Revolut says banking market study shows why it's launching in New Zealand
3rd Jul 23, 5:00am
17
Fintech Revolut says banking market study shows why it's launching in New Zealand
'It doesn't mean we hate you': Commerce Commission Chairman John Small on banking, market studies and why he joined the competition watchdog
26th Jun 23, 10:00am
17
'It doesn't mean we hate you': Commerce Commission Chairman John Small on banking, market studies and why he joined the competition watchdog
Commerce Commission already contacting NZ's big four banks as chairman warns market studies are 'no quick fix'
21st Jun 23, 3:16pm
4
Commerce Commission already contacting NZ's big four banks as chairman warns market studies are 'no quick fix'