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23 Sep 2020 12:58
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  •   Home > News > Business

    A think-tank says New Zealanders should be able to have their say on a move which will raise the cost of lending

    A think-tank says New Zealanders should be able to have their say on a move which will raise the cost of lending


    The Reserve Bank has decided banks should hold higher levels of capital

    They will have to raise around 20 billion dollars to meet the tough new safety requirements.

    New Zealand Initiative chair Roger Partridge says he wants the consultation re-opened.

    He says New Zealanders deserve to know whether the benefits are worth the cost that will be imposed on the economy.

    © 2020 Newstalk ZB, NZCity


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     Today's News

    Sailing:
    Luna Rossa skipper Max Sirena believes Brad Butterworth will be the perfect conduit between the Challenger of Record and America's Cup organisers 12:47

    Business:
    Some headwinds for Kathmandu in the domestic market 12:47

    Politics:
    How did the UK end up back on the brink of a second national coronavirus lockdown? 12:47

    Entertainment:
    Tyler Perry movingly reflected on his family history as he accepted the Governors' Award at the Emmy Awards on Sunday (20.09.20) 12:31

    Basketball:
    The former coach of Steven Adams is shifting to one of the NBA's most storied franchises 12:27

    Law and Order:
    Armed Christchurch police are searching the Head Hunters headquarters in Sockburn 12:27

    Entertainment:
    Zendaya emotionally hailed her Emmy Award win as "crazy" 12:01

    Health & Safety:
    Geography is a major factor in childhood vaccination results 11:47

    Entertainment:
    RuPaul urged people to “believe in love” as he accepted the Emmy Award for Outstanding Competition Program on Sunday (20.09.20) 11:31

    Entertainment:
    'Watchmen' became the first comic book adaptation to win a top prize at the Emmy Awards when it was named Outstanding Limited Series on Sunday (20.09.20) 11:01


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