GoodReturns

Treasury outlines likely costs of financial institution failures

Treasury outlines likely costs of financial institution failures

The most likely type of financial institution to fail and require the new deposit guarantee scheme to kick in would be of a non-bank deposit taker and would be likely to cost between $800 million and $1 billion up front, with recoveries likely to reduce the cost to between $100 million and $400 million.

Mon, Jul 8th 2024 07:03AM

Graeme Lindsay: death of a life industry stalwart

Graeme Lindsay: death of a life industry stalwart

FANZ: all life insurance contracts should be consumer contracts

FANZ: all life insurance contracts should be consumer contracts

FAMNZ to ComCom: don't fix what ain't broke

FAMNZ to ComCom: don't fix what ain't broke

ANZ says it doesn't discriminate against mortgage advisers

ANZ says it doesn't discriminate against mortgage advisers

3 min read

PG parts ways with Castle Point founder Richard Stubbs

PG parts ways with Castle Point founder Richard Stubbs

3 min read

FMA sues Booster over wine investments

FMA sues Booster over wine investments

4 min read

New FANZ head sees a "resilient" financial advice industry

New FANZ head sees a "resilient" financial advice industry

3 min read

Policyholders between 50 and 59 cost AIA the most in claims

Policyholders between 50 and 59 cost AIA the most in claims

3 min read

Which bank is winning the lending race?

Which bank is winning the lending race?

3 min read

FANZ addressing industry shortcomings with best-practice examples

FANZ addressing industry shortcomings with best-practice examples

3 min read

CoFI change would give FMA power of onsite inspection without warning

CoFI change would give FMA power of onsite inspection without warning

3 min read

CCCFA changes could remove personal liability on directors and senior managers

CCCFA changes could remove personal liability on directors and senior managers

3 min read

Govt looks to shake up disputes resolution schemes

Govt looks to shake up disputes resolution schemes

3 min read

RBNZ pushes out first OCR cut into 2H 2025

RBNZ pushes out first OCR cut into 2H 2025

2 min read

[UPDATED] ComCom told clawback periods need to be reduced

[UPDATED] ComCom told clawback periods need to be reduced

2 min read

Should Kiwibank move faster on being ready for open banking?

Should Kiwibank move faster on being ready for open banking?

3 min read

RBNZ says there's a moral hazard risk with deposit guarantee

RBNZ says there's a moral hazard risk with deposit guarantee

2 min read

Flint: The platform of mystery

Flint: The platform of mystery

3 min read

NZX first-quarter earnings up 23.5%, revenue up 14.8%

NZX first-quarter earnings up 23.5%, revenue up 14.8%

2 min read

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Jenny Ruth

Stories written by multiple reporters.

Followers will be emailed articles by Jenny Ruth