CCCFA
[updated]
Gareth Vaughan highlights how in its draft recommendations to bolster retail banking competition, the Commerce Commission is muscling in on the Reserve Bank's turf and seeking market intervention from a 3-headed government
21st Mar 24, 1:44pm
12
Gareth Vaughan highlights how in its draft recommendations to bolster retail banking competition, the Commerce Commission is muscling in on the Reserve Bank's turf and seeking market intervention from a 3-headed government
Centrix says as consumer arrears climb, the flow on effect continues to impact Kiwi businesses. Overall business defaults were up 28% year-on-year in January 2024, while company liquidations were up 16% over the same period
5th Mar 24, 5:00am
43
Centrix says as consumer arrears climb, the flow on effect continues to impact Kiwi businesses. Overall business defaults were up 28% year-on-year in January 2024, while company liquidations were up 16% over the same period
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
Labour, Consumer NZ will be watching closely how new Government rolls out financial services reform
31st Jan 24, 2:53pm
8
Labour, Consumer NZ will be watching closely how new Government rolls out financial services reform
Commerce and Consumer Affairs Minister Andrew Bayly says FMA to take over CCCFA oversight from ComCom
31st Jan 24, 9:32am
6
Commerce and Consumer Affairs Minister Andrew Bayly says FMA to take over CCCFA oversight from ComCom
[updated]
Simon Papa argues proposed reforms to financial markets regulation rejects, without proper validation, decades of orthodoxy on market regulation and basic market concepts
23rd Jan 24, 9:18am
5
Simon Papa argues proposed reforms to financial markets regulation rejects, without proper validation, decades of orthodoxy on market regulation and basic market concepts
Mortgage brokers expect new government to have a positive impact on the housing market
13th Dec 23, 9:20am
Mortgage brokers expect new government to have a positive impact on the housing market
KPMG's annual survey of non-bank lenders shows the impact of rising funding costs
13th Dec 23, 7:42am
KPMG's annual survey of non-bank lenders shows the impact of rising funding costs
Bank for International Settlements fires BNPL warning shot across the bow of those tasked with maintaining financial stability
8th Dec 23, 4:07pm
2
Bank for International Settlements fires BNPL warning shot across the bow of those tasked with maintaining financial stability
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time
1st Dec 23, 11:38am
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time
Half-year profit falls for TSB as revenue drops and loan impairments rise
29th Nov 23, 9:51am
Half-year profit falls for TSB as revenue drops and loan impairments rise
Protecting mortgagees' rights 'one of the critical elements of NZ’s financial system,' banks say of climate adaptation moves
15th Nov 23, 9:37am
Protecting mortgagees' rights 'one of the critical elements of NZ’s financial system,' banks say of climate adaptation moves
Reforming the controversial Credit Contracts & Consumer Finance Act could turn out to be more complex than hoped by its critics
26th Oct 23, 10:09am
2
Reforming the controversial Credit Contracts & Consumer Finance Act could turn out to be more complex than hoped by its critics
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
The National Party says the New Zealand economy is held back by bureaucratic rules and it will simplify procedures to help the economy
19th Sep 23, 11:40am
50
The National Party says the New Zealand economy is held back by bureaucratic rules and it will simplify procedures to help the economy
If it looks like debt, let’s treat it like debt. Why ‘buy now, pay later’ schemes need firmer regulation in NZ
8th Sep 23, 9:30am
If it looks like debt, let’s treat it like debt. Why ‘buy now, pay later’ schemes need firmer regulation in NZ
National's Andrew Bayly on fair conduct, anti-money laundering and how open banking could help combat scams
24th Aug 23, 11:35am
4
National's Andrew Bayly on fair conduct, anti-money laundering and how open banking could help combat scams
[updated]
National hopes spreading KiwiSaver funds across multiple providers will drive competition, innovation, and lower fees
17th Aug 23, 10:14am
57
National hopes spreading KiwiSaver funds across multiple providers will drive competition, innovation, and lower fees
Government set to gut loan affordability rules in CCCFA review to make sure people can borrow when they have good credit
9th Aug 23, 5:12pm
19
Government set to gut loan affordability rules in CCCFA review to make sure people can borrow when they have good credit
Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending
8th Aug 23, 7:17pm
5
Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending
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
[updated]
ASB appeals class action lawsuit asking the bank to repay interest payments made by hundreds of thousands of customers between 2015 and 2019
12th Jul 23, 11:21am
5
ASB appeals class action lawsuit asking the bank to repay interest payments made by hundreds of thousands of customers between 2015 and 2019
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
Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending
4th Jul 23, 5:00am
70
Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending
TSB seeks new CEO to support vision of being 'the easiest bank to deal with' who is 'culturally aligned' with its community values
1st Jul 23, 9:16am
5
TSB seeks new CEO to support vision of being 'the easiest bank to deal with' who is 'culturally aligned' with its community values