John Kensington
Banks may tighten lending after Australian report
A royal commission into Australia's banking sector has referred 24 instances of potential criminal behaviour by banks to prosecutors. The long-awaited report from the royal commissioner, High Court… Audio
Greater capital needs will force banks to assess business
Forcing Australian owned banks to markedly increase the amount of money they hold in reserve might result in a cut back in the supply of credit here. Audio
NZ bank profits up despite negative sentiment
New Zealand bank profits are defying the negative business and consumer confidence that's overhanging the economy. Audio
Banks facing uncertain times amid volitlity and change
Banks are facing uncertain times with global market volatility and increased scrutiny from regulators on both sides of the Tasman. Audio
Business News for 18 July 2018
Profits for the main NZ banks dip in first quarter. Softer real estate market may prompt LVR easing. Inflation still in check means low rates for longer. Financial markets mildly positive. Audio
Banks set for another steady quarter - KPMG
The slowing housing market and higher costs have put a squeeze on profits at the country's biggest banks. Audio
Banks likely to face tougher regulation
The country's banking system is likely to face tougher and more intrusive regulation in the longer term. Audio
Are banks the best place for savings?
Growth in bank deposits is slowing, forcing banks to borrow more on volatile international markets, and raising their risk profile. Audio
Financial market challenges will make profit growth difficult
The financial services sector faces some challenging market conditions that will make it increasingly difficult for banks to generate profit growth. Audio
Pieces of Pasifika restaurant pie on offer in Auckland
A new Pasifika restaurant offering in Auckland aims to raise funds from the local community it aims to serve. Audio
Bank lending unlikely to be affected by RBNZ restrictions
KPMG believes new lending restrictions are unlikely to curb the sharp growth in borrowing from banks. Audio
Banks face funding imbalance says KPMG
New Zealanders' appetite for property is forcing banks to change where they get their funding. Audio
Cautious banks blamed for a lack of affordable apartments
35 apartment projects in Auckland have reportedly been axed in the past year alone, and the finger of blame is being levelled at cautious banks. Audio
Housing market poses challenges to banks
The surging housing market remains one of the key challenges to the banking sector even though it's showing few signs of stress, according to a new report. Audio
Banks still in fine fettle - KPMG report
The banking sector is showing few signs of feeling any economic headwinds with profits and growth in assets managing to maintain momentum. Audio
Warnings and welcomes for digital KiwiSaver offerings
Investors are being urged to take get get better informed and take control of their retirement savings. Audio
Warnings and welcomes for digital KiwiSaver offerings
A business advisory firm says more education is needed to help investors get the most out of Kiwisaver, but it's pointing to the digital revolution as a way for investors to take more control of their… Audio
Strong results from NZ banks, despite lower interest rates
Soaring property prices in Auckland and increased borrowing by struggling dairy farmers has been good news for the banks Audio
Education for people on KiwiSaver - KPMG
Policy makers are being urged to make sure people are better educated about how to deal with their KiwiSaver nest egg. Audio
NZers too conservative with nest egg - report
A new report into Kiwisaver concludes that New Zealanders are too passive and adopting too conservative approach to the management of their retirement savings. KPMG's head of financial services John… Audio