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Politics
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National calls new rules for banks around assessing risk ‘absurd’

Andrew Bayly says banks, other financial institutions should be left to be supervised by Reserve Bank.

Brent Edwards Fri, 04 Mar 2022

The National Party is worried that the most recent figures confirm new lending regulations are having unintended consequences for banks and borrowers.

The latest monthly report from credit bureau Centrix showed that the rate of approval of loans to borrowers with high credit scores had dropped

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Brent Edwards Fri, 04 Mar 2022
Contact the Writer: brent@nbr.co.nz
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National calls new rules for banks around assessing risk ‘absurd’
Politics,
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