Banking report: time for RBNZ to look in the mirror

Banking report: time for RBNZ to look in the mirror
(Image: Getty)
Andrew Body
Simon Jensen
The Commerce Commission’s draft report on personal banking services creates a meaningful opportunity to catalyse more effective competition and greater innovation in New Zealand’s financial services and credit markets.  Reducing unnecessary regulatory burdens is vital for competition. Competition in these markets is, in turn, important for reducing NZ’s cost of capital and providing a quick win for our productivity.The report presents a lot of evidence clearly and concisely and draws sound conclusions.  It also provi...

More Law & Regulation

FMA warns against scheme run by crypto firm
Law & Regulation

FMA warns against scheme run by crypto firm

The regulator said the scheme had no licence. 

BD AI 22 May 2025
Navigating workplace romance
Law & Regulation

Bronwyn Heenan: Navigating workplace romance

Romantic work relationships involve difficult conversations that should be had.

Bronwyn Heenan 16 May 2025
Peter Huljich is Pushpay insider trader, flagging further appeal
Law & Regulation

Peter Huljich is Pushpay insider trader, flagging further appeal

Rich-lister Peter Huljich has been revealed as the Pushpay executive convicted of insider trading.Huljich’s identity had been suppressed since he was charged by the Financial Markets Authority (FMA) in February 2022.The current case has been closely watched by markets as it marke...

Staff reporters 15 May 2025