CCCFA
TSB chief Donna Cooper is departing from the role less than a week after the bank reported a 48% drop in profits
27th Jun 23, 9:09am
TSB chief Donna Cooper is departing from the role less than a week after the bank reported a 48% drop in profits
TSB's annual profit falls 48% with surge in expenses, including provisions, outweighing rising income
22nd Jun 23, 9:36am
4
TSB's annual profit falls 48% with surge in expenses, including provisions, outweighing rising income
David Hargreaves casts his mind forward over the next six months and outlines what he's looking out for in terms of the good, bad and potentially very ugly for the economy till the end of 2023
22nd Jun 23, 5:00am
164
David Hargreaves casts his mind forward over the next six months and outlines what he's looking out for in terms of the good, bad and potentially very ugly for the economy till the end of 2023
David Hargreaves sums up the first (nearly) six months of the year and assesses how the unfolding of various economic events has matched up against what was expected to happen
18th Jun 23, 6:00am
163
David Hargreaves sums up the first (nearly) six months of the year and assesses how the unfolding of various economic events has matched up against what was expected to happen
As HSBC quits NZ retail banking, CEO Mark Wilkshire says The Co-operative Bank is an option for its customers
14th Jun 23, 1:27pm
2
As HSBC quits NZ retail banking, CEO Mark Wilkshire says The Co-operative Bank is an option for its customers
'It's OK to complain': consumers urged to know their rights, and use them, after confidence drop
8th Jun 23, 7:39am
25
'It's OK to complain': consumers urged to know their rights, and use them, after confidence drop
The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled
12th Apr 23, 1:57pm
6
The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled
Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'
1st Mar 23, 5:00am
23
Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'
Mobile traders shut up shop or move on after Commerce Commission's compliance clampdown
8th Dec 22, 7:44am
12
Mobile traders shut up shop or move on after Commerce Commission's compliance clampdown
SBS Bank says it may face customer remediation payments or Commerce Commission action over credit contracts and consumer finance related issues
28th Nov 22, 9:17am
2
SBS Bank says it may face customer remediation payments or Commerce Commission action over credit contracts and consumer finance related issues
Centrix managing director Keith McLaughlin says anticipation of a recession is affecting consumers' payment behaviour
4th Oct 22, 5:00am
16
Centrix managing director Keith McLaughlin says anticipation of a recession is affecting consumers' payment behaviour
Financial Services Federation unimpressed with National Party proposal to favour banks over its finance company, building society & credit union members
26th Sep 22, 10:12am
6
Financial Services Federation unimpressed with National Party proposal to favour banks over its finance company, building society & credit union members
Fee and commission income across key retail banks down 20% in four years
16th Sep 22, 11:48am
Fee and commission income across key retail banks down 20% in four years
Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations
1st Sep 22, 5:00am
10
Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations
Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too
24th Aug 22, 12:13pm
3
Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too
Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth
23rd Aug 22, 9:42am
7
Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth
Commerce Minister David Clark relaxes CCCFA rules for assumptions on credit card and buy-now-pay-later debt
2nd Aug 22, 3:32pm
7
Commerce Minister David Clark relaxes CCCFA rules for assumptions on credit card and buy-now-pay-later debt
Centrix monthly credit report highlights a rise in the number of people missing consumer debt payments for 3 straight months & more than 100 construction company liquidations so far in 2022
5th Jul 22, 5:00am
7
Centrix monthly credit report highlights a rise in the number of people missing consumer debt payments for 3 straight months & more than 100 construction company liquidations so far in 2022
Mortgage broker John Bolton explains why he thinks mortgage rates are peaking, what's going on in the housing market, and what this means for the broader economy
2nd Jul 22, 9:40am
124
Mortgage broker John Bolton explains why he thinks mortgage rates are peaking, what's going on in the housing market, and what this means for the broader economy
Co-operative Bank to contact customers about potential remediation for credit contracts & consumer finance law issues later this year
1st Jul 22, 2:56pm
Co-operative Bank to contact customers about potential remediation for credit contracts & consumer finance law issues later this year
David Hargreaves sums up the first (nearly) six months of the year and outlines the big issues, hopes and worries for the rest of 2022
12th Jun 22, 6:00am
151
David Hargreaves sums up the first (nearly) six months of the year and outlines the big issues, hopes and worries for the rest of 2022
[updated]
Amendments to the troubled credit rule changes last year will come into force on July 7, but the NZ Bankers' Association says the 'rushed' attempt to fix the problems won't make things easier for would-be borrowers
9th Jun 22, 10:31am
34
Amendments to the troubled credit rule changes last year will come into force on July 7, but the NZ Bankers' Association says the 'rushed' attempt to fix the problems won't make things easier for would-be borrowers
Gareth Vaughan looks at how and why a risk-off mindset is dominating at NZ's major banks
18th May 22, 1:52pm
1
Gareth Vaughan looks at how and why a risk-off mindset is dominating at NZ's major banks
Commerce Commission says if the buy now pay later sector is to be dragged under consumer credit regulations, its contracts with customers could be regulated as revolving credit contracts
21st Apr 22, 3:13pm
Commerce Commission says if the buy now pay later sector is to be dragged under consumer credit regulations, its contracts with customers could be regulated as revolving credit contracts
CCCFA changes 'narrow refinements to specific aspects of regulations, rather than wholesale changes'
MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive
8th Apr 22, 9:38am
MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive