There's hopes a new move by the Reserve Bank will bring about positive changes for New Zealand's banking sector.

It is changing the mix of capital banks are required to hold, aiming to reduce funding costs. 

It is also targeting closing the gap between bigger and smaller banks - making the market more competitive.

The Co-Operative Bank chief executive Mark Wilkshire says this will encourage competition and remove certain constraints impacting the banking sector.

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There's hopes a new move by the Reserve Bank will bring about positive changes for New Zealand's banking sector.
It is changing the mix of capital banks are required to hold, aiming to reduce funding costs.&nbsp;
It is also targeting closing the gap between bigger and smaller banks - making the market more competitive.
The Co-Operative Bank chief executive Mark Wilkshire says this will encourage competition and remove certain constraints impacting the banking sector.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Mark Wilkshire: The Co-Operative Bank chief executive on the new changes set to impact the Reserve Bank

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8408ad98-5099-4c55-9b98-b3b600654bf5/transcript

Retail New Zealand's Chief Executive says the closure of Australian retailer EB Games would have a wide-reaching impact.  

The Australian video-game retailer's proposing shutting its 38 New Zealand stores and its Distribution Centre. 

Staff reportedly have until Monday to feed back on the plan. 

Retail NZ's Carolyn Young told Andrew Dickens the retail climate's been really challenging over the past few years.  

She says losing EB is not a small thing. 

LISTEN ABOVE 

Retail New Zealand's Chief Executive says the closure of Australian retailer EB Games would have a wide-reaching impact. &nbsp;
The Australian video-game retailer's proposing shutting its 38 New Zealand stores and its Distribution Centre.&nbsp;
Staff reportedly have until Monday to feed back on the plan.&nbsp;
Retail NZ's Carolyn Young told Andrew Dickens the retail climate's been really challenging over the past few years. &nbsp;
She says losing EB is not a small thing.&nbsp;
LISTEN ABOVE&nbsp;

Carolyn Young: Retail NZ CEO on the proposed closure of EB Games' New Zealand stores

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c49267fd-921e-47e3-823d-b3ca0156fca6/transcript

The Far North District is a hot-spot for Kiwis looking to get away over the holidays. 

However, due to the impacts of cyclones, storms and COVID - the area's businesses are still struggling. 

Far North District Mayor Moko Tepania told Andrew Dickens that tourism this summer is key to boosting Northland's struggling businesses.

'We need you all to come up here and spend your money because our businesses bloody need it.'

LISTEN ABOVE

The Far North District is a hot-spot for Kiwis looking to get away over the holidays.&nbsp;
However, due to the impacts of cyclones, storms and COVID - the area's businesses are still struggling.&nbsp;
Far North District Mayor Moko Tepania told Andrew Dickens that tourism this summer is key to boosting Northland's struggling businesses.
'We need you all to come up here and spend your money because our businesses bloody need it.'
LISTEN ABOVE

Moko Tepania: Far North District Mayor encourages tourism to boost Northland businesses

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/33b52183-ddac-455a-bc6c-b3bc01587447/transcript

Often trust have been seen to be province of the uber wealthy. But are they? And often people don't think about this issue until it is too late

So when should we think about these issues - our family. inheritances and what's gonna happen to our money when we aren't around to look after it?

Managing Director for New Zealand Family Trust Services Limited Janet Xuccoa joins Tim Beveridge to give her advice on trust accounts, and how they should be used.

LISTEN ABOVE

Often trust have been seen to be province of the uber wealthy. But are they? And often people don't think about this issue until it is too late
So when should we think about these issues - our family. inheritances and what's gonna happen to our money when we aren't around to look after it?
Managing Director for New Zealand Family Trust Services Limited Janet Xuccoa joins Tim Beveridge to give her advice on trust accounts, and how they should be used.
LISTEN ABOVE

Jannet Xuccoa: When's the right time for a trust?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5126b648-2a9e-429f-8c81-b3ba0052f566/transcript

Mark Wilkshire: The Co-Operative Bank chief executive on the new changes set to impact the Reserve Bank

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