Singapore-based economists say banks are exaggerating the impact of higher capital

Singapore-based economists say banks are exaggerating the impact of higher capital
Jenny Ruth
By Jenny Ruth July 26 (BusinessDesk) - The Australian-owned banks in New Zealand are exaggerating the likely impact of the Reserve Bank’s bank capital proposals, according to Singapore-based economists Ben Udy and Marcel Thieliant. “The RBNZ anticipates only a minor impact on bank lending rates. In contrast, modelling by the banks indicates that the increase in capital would be equivalent to 50-100 basis points of interest rate hikes,” the economists at Capital Economics say in a note. “What’s more, a number of the Australian parent ba...

More Finance

ANZ heads to court as select committee splits active litigation
Finance

ANZ heads to court as select committee splits active litigation

ANZ NZ consumer-finance case rumbles on as $300m settlement still on offer.

Disclosure breaches Class action against ANZ NZ continues
Finance

Disclosure breaches Class action against ANZ NZ continues

It comes as retrospective law tweaks fail to give relief.

Andy Macdonald 20 Oct 2025
Kiwi Capital Limited appoints Susan Peterson as chair
Finance

Kiwi Capital Limited appoints Susan Peterson as chair

New chair of Kiwibank parent company Kiwi Capital Ltd brings breadth of experience.

Staff reporters 20 Oct 2025
Canva cash and human capital sprinkling Kiwi startups
Finance

Canva cash and human capital sprinkling Kiwi startups

Canva alumni turn $73b valuation and liquidity event into backing for NZ founders.

Garth Bray 20 Oct 2025