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27 Jan 2020 23:35
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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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    A sombre start to week one Super Rugby preparations for the Chiefs More...


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     Today's News

    Cricket:
    The Black Caps appear far from desperate after slumping to back to back comprehensive defeats in the Twenty/20 series against India at Eden Park 21:57

    Entertainment:
    Daniel Craig doubted he was "physically capable" of playing James Bond again 21:30

    Rugby:
    A sombre start to week one Super Rugby preparations for the Chiefs 21:17

    Basketball:
    NBA games go ahead despite Kobe Bryant's death, with players and fans paying tribute 21:07

    Health & Safety:
    China is aiming to build a hospital in Wuhan inside a week to treat coronavirus patients. Here's how 21:07

    Entertainment:
    Olivia Culpo has taken a swipe at Jesse Metcalfe following his split from her friend Cara Santana 21:00

    Entertainment:
    Tyra Banks has vowed to fight the "oppression" of the fashion and beauty industry 20:30

    Entertainment:
    Jessie J and Channing Tatum are "fully back together" 20:00

    Entertainment:
    Wendy Williams' divorce is finalized 19:30

    Entertainment:
    Thomas Markle "cried" as he saw Prince Charles walk his daughter Meghan down the aisle on her wedding day 19:00


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