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Ombudsman Welcomes Upcoming Insurance Law Changes
Wed, 8 May 2024 09:43:39 +1200 | IFSO
The Insurance & Financial Services Ombudsman, Karen Stevens, says she is looking forward to insurance contracts becoming fairer and easier to understand for consumers when upcoming changes to insurance law are passed.More >>
BlinkPay Partners With ASB Ahead Of Open Banking Implementation
Wed, 8 May 2024 08:14:16 +1200 | BlinkPay
Using BlinkPay technology, customers will be able to make a payment by clicking on Blink PayNow and will be redirected to ASB’s mobile banking app, where they log in and provide confirmation of the payment they want to make.More >>
ASB Drops Mortgage Rates
Wed, 8 May 2024 08:09:42 +1200 | ASB
ASB has today dropped its fixed home lending rates for the seventh time this year. Three of ASB’s mortgage rates – the six-month, one year and four year – have dropped by up to 10 basis points, with the six-month & four-year term now the most ...More >>
Consumer NZ Unpacks The Popular Payment Method That Could Void Your Bank Protection
Wed, 8 May 2024 06:24:40 +1200 | Consumer NZ
Almost half of New Zealanders could have breached their bank’s terms and conditions by using POLi as a payment method, according to Consumer NZ. More >>
New GoalsGetter Scheme Answers Call For Better KiwiSaver Diversification With Quality Fund Mix
Tue, 7 May 2024 10:31:15 +1200 | Nikko Asset Management
KiwiSaver members frustrated by too little – or puzzled by too much – choice, now have the opportunity to build and track a personalised, diversified portfolio of quality funds from New Zealand’s leading fund providers, all through a single ...More >>
Banks Urged To Be Flexible When Helping Public Service Workers Facing Financial Stress
Mon, 6 May 2024 13:00:29 +1200 | PSA
The PSA is encouraging banks to be flexible and lenient when dealing with the many public service workers facing financial stress following the unprecedented and rapid layoffs now underway.More >>
Westpac NZ Invests In Simpler, Safer Banking For Customers
Mon, 6 May 2024 10:26:44 +1200 | Westpac New Zealand
Westpac New Zealand (Westpac NZ) [i] has reported an 8% fall in pre-provision profit for the six months ended 31 March 2024 compared to the same period last year, as it continues to invest in supporting customers through a challenging period and making ...More >>
Rural Towns Invited To Apply For Cash Service Trials As Challenges For Cash Users Grow
Fri, 3 May 2024 14:16:42 +1200 | The Reserve Bank of New Zealand
The Reserve Bank of New Zealand – Te Pūtea Matua is opening applications for towns wanting to trial either local cash depots with automated cash banking facilities that work with all banks, or a security van service.More >>
Will The Golden Age For Corporate Shareholders Ever End?
Fri, 3 May 2024 10:45:52 +1200 | Independent Media Institute
Shareholders have assumed enormous influence over U.S. corporations over the last few decades. Despite their firm hold, shifts are underway that could alter the domestic corporate landscape.More >>
New Treasury Paper On The Productivity Slowdown
Fri, 3 May 2024 09:01:53 +1200 | The Treasury
The world has been experiencing a productivity slowdown, from which New Zealand has not been exempt. COVID-19 temporarily boosted labour productivity, but more recently, productivity has retreated. The overall trend since 2007 has been one of slow productivity ...More >>
Westpac NZ Launches Sustainable Equipment Finance Loan
Fri, 3 May 2024 05:28:38 +1200 | Westpac
The new loan provides a competitive five-year rate for business customers. It can be used to purchase a range of sustainable assets as well as for machinery, tools and equipment that will help reduce a business’s carbon footprint.More >>
HY24 Results: Resilient Result In Subdued Economic Environment
Thu, 2 May 2024 10:22:21 +1200 | BNZ
Bank of New Zealand (BNZ) today announced a statutory net profit of $762 million for the six months to 31 March 2024, a decrease of $43 million or 5.3% on the prior year.More >>
FSF Responds To The Market Study Into Personal Banking Services - See Submission Highlights
Thu, 2 May 2024 07:44:27 +1200 | Financial Services Federation
“Without sufficient competition and disruption in banking services, New Zealand runs the risk of consumers missing out. We have highlighted our key concerns and recommendations to stop this from happening.”More >>
The Co-operative Bank Wins Consumer NZ People’s Choice For Customer Satisfaction
Thu, 2 May 2024 07:38:22 +1200 | The Cooperative Bank
The Consumer NZ survey found The Co-operative Bank scored 20 per cent higher than its closest competitor. More >>
Who Can You Bank On? Consumer NZ Reveals 2024’s Best And Worst Banks
Thu, 2 May 2024 07:20:29 +1200 | Consumer NZ
The bank with the smallest market share has New Zealand’s most satisfied customers, according to Consumer NZ’s annual banking satisfaction survey. More >>
Draft Design Recommendations On A Green Taxonomy For Aotearoa NZ Released For Public Feedback: Deadline Approaching
Wed, 1 May 2024 17:03:41 +1200 | Centre for Sustainable Finance
The report follows the Government tasking a specialised Independent Technical Advisory Group (ITAG) with preparing and publishing non-binding advice on the design of a taxonomy, and providing its recommendations to the Climate Change Minister by June ...More >>
Financial System Robust To High Interest Rate Environment
Wed, 1 May 2024 09:44:51 +1200 | The Reserve Bank of New Zealand
New Zealand’s financial system remains strong as it continues to adjust to the higher interest rate environment, Deputy Governor Christian Hawkesby says in releasing the May 2024 Financial Stability Report.More >>
Unveiling The Impact Of Online Stock Market Courses On Utah's Business Landscape
Tue, 30 Apr 2024 14:06:21 +1200 | Hugh Grant
Utah's business community is witnessing a notable transformation, catalysed by the growing influence of online stock market courses. This shift, from traditional classroom settings to virtual platforms, has spurred significant interest and participation ...More >>
Defendant Pleads Guilty In Mortgage Fraud Scheme
Tue, 30 Apr 2024 12:23:52 +1200 | Serious Fraud Office
A defendant charged by the Serious Fraud Office (SFO) has pleaded guilty to four charges of obtaining by deception in relation to a mortgage fraud scheme. Sentencing has been scheduled for 14 August 2024.More >>
Generate Partners With The Spirit Of Adventure Trust To Help Empower More Kiwis Get Ahead
Tue, 30 Apr 2024 11:31:13 +1200 | Generate
This collaboration aims to support the development and growth of young people in New Zealand by offering them the opportunity of a lifetime. More >>
