Article tagged with 'KPMG'
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IRD determines funds management is exempt GST
04 Apr 2025 - The Inland Revenue Department (IRD) has finally delivered a definitive statement of how it views goods and services tax (GST) in relation to funds management.
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A loan which could be approved in 60 mins now takes 7 days thanks to regulations
12 Mar 2025 - The Reserve Bank’s capital requirements and other regulatory changes have been causing a significant drag on bank lending, according to accounting firm KPMG’s latest survey of financial institutions.
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Banks prepare for rising bad debts
29 Jun 2023 - The major banks are clearly preparing for a rise in bad debts, even as their actual losses to date remain exceptionally low.
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Banks make still more money and that's official
14 Mar 2023 - The latest survey of banks has revealed a huge increase in profits across the sector, with the total passing the $7 billion mark.
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Non-bank sector thrives despite uneven playing field – KPMG
14 Dec 2022 - Finance companies are making big profits despite having official policy stacked against them, according to the latest annual survey by KPMG.
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Profits high in banking sector but challenges ahead – KPMG
21 Sep 2022 - Profits are remaining high in the banking sector, according to the latest analysis from KPMG.
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Banking business booms – KPMG survey
09 Mar 2022 - New Zealand banks have had the highest growth in profit on record, according to the accountancy and research firm KPMG.
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Kiwi investors leading the Responsible Investment charge
08 Sep 2021 - New Zealand is fast becoming a world leader in responsible investing with responsible investment assets growing at twice the pace of other managed investments.
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Mortgage growth drives record bank profits
23 Jun 2021 - Strong mortgage lending drove banking profits to record levels in the first three months of the year, according to a new report from KPMG.
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Reserve Bank releases reports into illegal data breach
31 May 2021 - The Reserve Bank of New Zealand has released the findings of independent reports on an illegal data breach and its handling of sensitive information. Reserve Bank governor Adrian Orr says the bank accepts the findings and has, and will continue to, implement recommendations in t...