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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Aussie regulator stays mum on rule change that affects NZ banks

Rule changes across the Tasman affect much support Australian banks can give their New Zealand operations. With special feature audio.

Jenny Ruth
Fri, 03 Jun 2016

Australia’s banking regulator has made a decision that will have a direct impact on New Zealand’s big four banks.

The Australian Prudential Regulation Authority (APRA) appears to want to reduce Australia’s big four banks’ support for their New Zealand operations.

But this is pure guesswork since

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Jenny Ruth
Fri, 03 Jun 2016
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Aussie regulator stays mum on rule change that affects NZ banks
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