Banking Sector
Card fees, mortgage rates under microscope in banking enquiry
20 Jun 2023
Credit card fees, bank changes and mortgage interest rates will all be under the microscope as part of a Commerce Commission investigation into the banking sector. The government's ordered the market… Video, Audio
Banks making record profits, but impact of economic shocks to come
29 Jun 2022
The country's banking sector continues to rack up record profits as it counters a slowdown in lending with improved margins, and lower expenses, but it could soon be the end of the golden weather.
Govt considers tougher regimes for bank execs, among changes
24 Jun 2019
Changes to boost public confidence in the banking sector are in the pipeline, including an insurance scheme covering bank deposits up to $50,000. Prime Minister Jacinda Ardern says changes are needed… Audio
