ASB chief urges closer ties on big issues

ASB chief urges closer ties on big issues
ASB chief Vittoria Shortt says better data is key. (Image: ASB)
Paul McBeth
ASB bank chief executive Vittoria Shortt wants greater coordination between policymakers and the banking and insurance sectors to address the big climate issues facing the nation. The damage wrought by the Northland and Auckland flooding and Cyclone Gabrielle in recent weeks underlined the importance of having everyone involved in the decision-making in responding to complex medium- and long-term issues, such as adapting to climate change. “I don’t think we’ve got a choice,” she told BusinessDesk. A key co...

More Finance

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
MTF to investigate bullying claims
Finance Exclusive

MTF to investigate bullying claims

Chief executive Chris Lamers said he takes the claims 'very seriously'.

Murray Jones 04 Jul 2024
Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024