The top brass at the country’s banks, as well as their regulators, are due to be publicly questioned by politicians about the level of competition in the banking sector.

Finance Minister Nicola Willis has asked Parliament’s Finance and Expenditure Committee to lead an inquiry into competition in the banking sector.

The inquiry will draw on the draft findings of the Commerce Commission’s big market study into retail banking, which is due for completion by August 20.

NZ Herald Wellington business editor Jenee Tibshraeny explains the possible outcomes of this inquiry.

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The top brass at the country’s banks, as well as their regulators, are due to be publicly questioned by politicians about the level of competition in the banking sector.
Finance Minister Nicola Willis has asked Parliament’s Finance and Expenditure Committee to lead an inquiry into competition in the banking sector.
The inquiry will draw on the draft findings of the Commerce Commission’s big market study into retail banking, which is due for completion by August 20.
NZ Herald Wellington business editor Jenee Tibshraeny explains the possible outcomes of this inquiry.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jenee Tibshraeny: NZ Herald Wellington business editor on the proposed inquiry into rural banking sector

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/adac589e-6607-47dd-a642-b18d0089bef9/transcript

There's assurance scoping work on a second Auckland Harbour crossing is still under way, with plans expected mid-year.

Two Transport Agency reports have detailed defects in the 67 year-old bridge, and warn it's at risk of failure.

It says without long-term strengthening work, month-long lane closures, truck limits, and more wind-related restrictions are on the cards.

Chris Bishop says he won't be the Transport Minister who produces a pie-in-the sky idea that turns to custard.

He says they're taking an evidence led approach, engaging with the market, doing geotechnical assessments and extensive studies.

LISTEN ABOVE

There's assurance scoping work on a second Auckland Harbour crossing is still under way, with plans expected mid-year.
Two Transport Agency reports have detailed defects in the 67 year-old bridge, and warn it's at risk of failure.
It says without long-term strengthening work, month-long lane closures, truck limits, and more wind-related restrictions are on the cards.
Chris Bishop says he won't be the Transport Minister who produces a pie-in-the sky idea that turns to custard.
He says they're taking an evidence led approach, engaging with the market, doing geotechnical assessments and extensive studies.
LISTEN ABOVE

Chris Bishop: Transport Minister on the progress being made on a second Auckland Harbour crossing

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/938dd9cc-e742-4772-a348-b44800643c55/transcript

A new poll has the coalition returning to power - despite a drop in support for the minor Government parties. 

The latest Taxpayers' Union Curia poll has National up slightly to 30 percent and Labour down to 31.9 percent.

Newstalk ZB senior political correspondent Barry Soper says the minor parties have taken a hit, with ACT and NZ First looking less solid than they did in earlier polls. 

LISTEN ABOVE

A new poll has the coalition returning to power - despite a drop in support for the minor Government parties.&nbsp;
The latest Taxpayers' Union Curia poll has National up slightly to 30 percent and Labour down to 31.9 percent.
Newstalk ZB senior political correspondent Barry Soper says the minor parties have taken a hit, with ACT and NZ First looking less solid than they did in earlier polls.&nbsp;
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Barry Soper: Newstalk ZB senior political correspondent on the coalition looking likely to lead according to new poll

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/157af232-21a5-4b1a-b77a-b4480061d9f0/transcript

The Australian federal budget is set to be delivered tonight, and it's promising big changes.

Treasurer Jim Chalmers says the budget will feature 'more than the usual amount of savings and more than the usual amount of reform'.

Australian correspondent Murray Olds says this will appeal to younger voters, as concerns have been raised about intergenerational inequality and the housing market. 

LISTEN ABOVE

The Australian federal budget is set to be delivered tonight, and it's promising big changes.
Treasurer Jim Chalmers says the budget will feature 'more than the usual amount of savings and more than the usual amount of reform'.
Australian correspondent Murray Olds says this will appeal to younger voters, as concerns have been raised about intergenerational inequality and the housing market.&nbsp;
LISTEN ABOVE

Oliver Peterson: Australian correspondent ahead of the 2026 Australian federal budget being handed down

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/692ce578-906d-444b-92c6-b4480059a6d3/transcript

Jenee Tibshraeny: NZ Herald Wellington business editor on the proposed inquiry into rural banking sector

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