Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
ASB settles CCCFA class action for hefty $135.6m
It ended a four-year class action centred on disclosure obligations.
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Finance
ASB pays $135.6m to settle long-running CCCFA class action
High-street lender ASB has agreed to pay $135.6 million to settle a class action brought against it for alleged breaches of the Credit Contracts and Consumer Finance Act (CCCFA).The settlement – without admission of liability or wrongdoing – concluded four years of legal proceedi...
Finance
RBNZ capital-settings proposals not far enough: Banking Assn
NZ Banking Assn eyes higher risk adoption.
Finance
RBNZ resists capital settings-research criticisms
The RBNZ has no intention of extending the deadline for submissions beyond Oct 3.
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