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Government Initiatives to Boost Banking Competition Unveiled by Finance Minister Nicola Willis
1 month ago | 206 viewsFinance Minister Nicola Willis has welcomed the release of the Finance and Expenditure Committee (FEC) Inquiry into banking competition, focusing on business, rural banking, and lending to Māori entities. The inquiry supports the Government's efforts to enhance competition in the banking sector for better services for Kiwis. The report, based on submissions from 148 stakeholders and public hearings, will be reviewed by the Government for proposed action items by November 2025.
Tags: Finance Minister Nicola Willis FEC Inquiry banking competition Government Commerce Commission Kiwis Kiwibank Reserve Bank financial stabilityFormer Acting Governor Grant Spencer and Byron Pepper Appointed to Reserve Bank of New Zealand Board, One Vacancy Remains
2 months ago | 705 viewsFormer Acting Governor Grant Spencer has been appointed to the Reserve Bank of New Zealand Board, Finance Minister Nicola Willis has announced. Board member Byron Pepper has been reappointed. Both are on five-year terms, beginning today.
Tags: Grant Spencer Nicola Willis Byron Pepper Reserve Bank of New Zealand Financial Stability
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