Banking competition

Major banks 'locking in' their market power and hindering fintechs, the Commerce Commission says, adding BNZ 'has not met our expectations'

Major banks 'locking in' their market power and hindering fintechs, the Commerce Commission says, adding BNZ 'has not met our expectations'

Responding to political pressure, the RBNZ is citing a new, 'higher risk appetite' for lower bank capital settings

Responding to political pressure, the RBNZ is citing a new, 'higher risk appetite' for lower bank capital settings

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

Financial Markets Authority says Kiwibank overcharged thousands of customers a total of close to $1 million between 2011 and 2024

Financial Markets Authority says Kiwibank overcharged thousands of customers a total of close to $1 million between 2011 and 2024

Finance Minister Nicola Willis has given Kiwibank permission to sell a stake of its business to local private investors in a $500 million equity raise

Finance Minister Nicola Willis has given Kiwibank permission to sell a stake of its business to local private investors in a $500 million equity raise

Kiwibank poses risk to the returns from the big four Aussie banks' NZ subsidiaries, analysts say

Kiwibank poses risk to the returns from the big four Aussie banks' NZ subsidiaries, analysts say

Kiwibank delivers healthy growth rate with housing lending rising

Kiwibank delivers healthy growth rate with housing lending rising

Member's bill from Labour's Arena Williams seeks full disclosure of international money transfer costs

Member's bill from Labour's Arena Williams seeks full disclosure of international money transfer costs

RBNZ doesn't believe changing bank capital rules to enable lower interest rates for first home buyers is warranted

RBNZ doesn't believe changing bank capital rules to enable lower interest rates for first home buyers is warranted

Nine months worth of submissions and information to be assessed as work on parliamentary banking inquiry report gets under way

Nine months worth of submissions and information to be assessed as work on parliamentary banking inquiry report gets under way

Joint submission from 5 banks asks MPs for level capital playing field with big 4 banks

Joint submission from 5 banks asks MPs for level capital playing field with big 4 banks

API fees are a tariff on open banking competition, Prosaic's Nick Houldsworth says

API fees are a tariff on open banking competition, Prosaic's Nick Houldsworth says

RBNZ Governor Christian Hawkesby wants review of capital requirements to be completed quickly

RBNZ Governor Christian Hawkesby wants review of capital requirements to be completed quickly

Finance Minister Nicola Willis sees 'a lot of ways' to support Kiwibank's NZ identity after bank's CEO says it doesn't make sense at this stage to rule out offshore capital

Finance Minister Nicola Willis sees 'a lot of ways' to support Kiwibank's NZ identity after bank's CEO says it doesn't make sense at this stage to rule out offshore capital

Financial Markets Authority signals tougher oversight of New Zealand’s banks over the length of time they’re taking to implement OCR rate cuts as CoFI regime takes effect

Financial Markets Authority signals tougher oversight of New Zealand’s banks over the length of time they’re taking to implement OCR rate cuts as CoFI regime takes effect