consumers
FMA CEO Rob Everett says without regulators' threat to report back to the public banks wouldn't have removed sales incentives on their own, and might have resisted the move if the FMA & RBNZ had just asked them to do it privately
7th Aug 19, 9:45am
FMA CEO Rob Everett says without regulators' threat to report back to the public banks wouldn't have removed sales incentives on their own, and might have resisted the move if the FMA & RBNZ had just asked them to do it privately
Westpac NZ refunding about 93,000 customers overcharged about $7 million after self-reporting the issues to the Financial Markets Authority and the Commerce Commission
6th Aug 19, 11:04am
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Westpac NZ refunding about 93,000 customers overcharged about $7 million after self-reporting the issues to the Financial Markets Authority and the Commerce Commission
New Commerce Commission chairwoman Anna Rawlings says online retail, motor vehicle financing & educating traders about conduct that may contravene cartel laws among areas of focus for the consumer watchdog
25th Jul 19, 5:19pm
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New Commerce Commission chairwoman Anna Rawlings says online retail, motor vehicle financing & educating traders about conduct that may contravene cartel laws among areas of focus for the consumer watchdog
Patrick Watson says using tariffs and other trade barriers isn't how we got the strong economy some current leaders idealise, noting they often deliver the opposite
25th Jul 19, 10:22am
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Patrick Watson says using tariffs and other trade barriers isn't how we got the strong economy some current leaders idealise, noting they often deliver the opposite
LGNZ says a cap on the liability of councils is needed to address advances in housing construction
13th Jul 19, 9:16am
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LGNZ says a cap on the liability of councils is needed to address advances in housing construction
Commerce Commission takes legal action against Wellington-based Real Finance over unreasonable fees and charges
2nd Jul 19, 10:25am
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Commerce Commission takes legal action against Wellington-based Real Finance over unreasonable fees and charges
The Law Commission dusts off a review of class actions and litigation funding after getting a green light from Minister of Justice Andrew Little to resume stalled project
29th Jun 19, 10:02am
The Law Commission dusts off a review of class actions and litigation funding after getting a green light from Minister of Justice Andrew Little to resume stalled project
Our third story on a UBS report on banking's industrial revolution looks at the impact of climate change, the gig economy, consumers controlling their own data, cyber security and more
27th Jun 19, 2:50pm
Our third story on a UBS report on banking's industrial revolution looks at the impact of climate change, the gig economy, consumers controlling their own data, cyber security and more
The IMF and OECD weigh in on the RBNZ's proposals to increase bank capital requirements, and the Government's proposal for protection for bank depositors
26th Jun 19, 3:34pm
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The IMF and OECD weigh in on the RBNZ's proposals to increase bank capital requirements, and the Government's proposal for protection for bank depositors
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
25th Jun 19, 5:00am
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
24th Jun 19, 9:44am
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
14th Jun 19, 4:46pm
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
Juniper Research estimates about four billion people will be using digital wallets by 2024, doing transactions worth more than US$9 trillion
13th Jun 19, 1:21pm
Juniper Research estimates about four billion people will be using digital wallets by 2024, doing transactions worth more than US$9 trillion
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
13th Jun 19, 1:17pm
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
Patrick Watson argues the US is overdue a recession and President Trump's trade war could make a recession happen sooner, last longer, and cause more pain than it otherwise would
5th Jun 19, 11:56am
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Patrick Watson argues the US is overdue a recession and President Trump's trade war could make a recession happen sooner, last longer, and cause more pain than it otherwise would
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
5th Jun 19, 10:29am
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
Auckland Council Group's ongoing battle to settle leaking buildings claims
BNZ compliance with Credit Contracts and Consumer Finance Act disclosure requirements under the spotlight after the bank self-reported to the consumer watchdog
28th May 19, 9:28am
BNZ compliance with Credit Contracts and Consumer Finance Act disclosure requirements under the spotlight after the bank self-reported to the consumer watchdog
Auckland Council asks government to end the use of joint and several liability in construction industry cases, which would prevent it having to carry the can for another leaky buildings type crisis
28th May 19, 6:29am
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Auckland Council asks government to end the use of joint and several liability in construction industry cases, which would prevent it having to carry the can for another leaky buildings type crisis
First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
26th May 19, 12:14am
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First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
Commerce and Consumer Affairs Minister Kris Faafoi says he's 'genuinely focused on giving industry-led open banking a real chance to succeed'
25th May 19, 9:46am
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Commerce and Consumer Affairs Minister Kris Faafoi says he's 'genuinely focused on giving industry-led open banking a real chance to succeed'
David Chaston looks at how much of the RBNZ's rate cut is making it through to the real economy to do the job monetary policy needs it to do
16th May 19, 2:10pm
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David Chaston looks at how much of the RBNZ's rate cut is making it through to the real economy to do the job monetary policy needs it to do
State owned Kiwibank to become the first New Zealand bank to cull cheques, after 'tipping point' reached with less than 1% of the bank's payments now made by cheque
16th May 19, 2:00pm
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State owned Kiwibank to become the first New Zealand bank to cull cheques, after 'tipping point' reached with less than 1% of the bank's payments now made by cheque
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
13th May 19, 2:11pm
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight
10th May 19, 9:24am
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Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight