An inquiry into New Zealand’s banking competition, or lack thereof, is currently underway.

Finance Minister Nicola Willis announced it in June, putting particular emphasis on rural banking and lending.

A ComCom market study has already, unsurprisingly, found a lack of competition among our largest financial institutions – with a full report due next month.

So, what does it all mean for the average Kiwi consumer – and is there hope on the horizon for some healthy competition?

Today, Victoria University of Wellington associate professor of economics Martien Lubberink takes us through the state of our banking sector, and ABC journalist Dan Ziffer explains what lessons could be learned from Australia’s massive Royal Commission into Banking.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer: Paddy Fox
Producer: Ethan Sills

An inquiry into New Zealand’s banking competition, or lack thereof, is currently underway.
Finance Minister Nicola Willis announced it in June, putting particular emphasis on rural banking and lending.
A ComCom market study has already, unsurprisingly, found a lack of competition among our largest financial institutions – with a full report due next month.
So, what does it all mean for the average Kiwi consumer – and is there hope on the horizon for some healthy competition?
Today, Victoria University of Wellington associate professor of economics Martien Lubberink takes us through the state of our banking sector, and ABC journalist Dan Ziffer explains what lessons could be learned from Australia’s massive Royal Commission into Banking.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer: Paddy Fox Producer: Ethan Sills

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. 

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Do we need more competition and regulation in the banking sector?

On July 26th 1984, David Lange was sworn in as the 32nd Prime Minister of New Zealand.

His ascension into the country’s top job came after Robert Muldoon’s infamous snap election ended his nine years in power.

Best remembered for enshrining New Zealand’s nuclear free status, Lange also oversaw controversial economic policies that ultimately divided his caucus, and saw his time on the ninth floor only last five years.

With this Ruby Jubilee prompting reflections on Lange’s leadership and the legacy of the fourth Labour government, today on The Front Page we’re joined by one of the few journalists who was there at the time and is still working today, Newstalk ZB senior political correspondent, Barry Soper, and Victoria University of Wellington politics professor Lara Greaves. 

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer: Paddy Fox
Producer: Ethan Sills

On July 26th 1984, David Lange was sworn in as the 32nd Prime Minister of New Zealand.
His ascension into the country’s top job came after Robert Muldoon’s infamous snap election ended his nine years in power.
Best remembered for enshrining New Zealand’s nuclear free status, Lange also oversaw controversial economic policies that ultimately divided his caucus, and saw his time on the ninth floor only last five years.
With this Ruby Jubilee prompting reflections on Lange’s leadership and the legacy of the fourth Labour government, today on The Front Page we’re joined by one of the few journalists who was there at the time and is still working today, Newstalk ZB senior political correspondent, Barry Soper, and Victoria University of Wellington politics professor Lara Greaves. 
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer: Paddy Fox Producer: Ethan Sills

What legacy does David Lange have, 40 years since he became Prime Minister?

Aotearoa’s complicated history of land sales is the focus of a new series from the New Zealand Herald.

Whenua: Our Land, Our History, is an interactive map showing how Māori land passed into Pākehā ownership and the stories surrounding it.

It confronts questions some of us prefer not to ask because they raise uncomfortable issues about Aotearoa’s colonial legacy, and how those impacts are still being felt today.

On The Front Page today, we get the story of Ngāti Whātua Ōrākei with their Trust’s deputy chair, Ngarimu Blair, and discuss the decision to make this series with Chief Content Officer for the Herald and NZME, Murray Kirkness.

To read more about how these land sales impacted all iwi around Aotearoa, and the stories by NZ Herald journalists, head to nzherald.co.nz.  

Whenua is a New Zealand Herald data-led project, supported by NZ On Air, in association with Māori land legal expert Adrienne Paul. 

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer: Paddy Fox
Producer: Ethan Sills

Aotearoa’s complicated history of land sales is the focus of a new series from the New Zealand Herald.
Whenua: Our Land, Our History, is an interactive map showing how Māori land passed into Pākehā ownership and the stories surrounding it.
It confronts questions some of us prefer not to ask because they raise uncomfortable issues about Aotearoa’s colonial legacy, and how those impacts are still being felt today.
On The Front Page today, we get the story of Ngāti Whātua Ōrākei with their Trust’s deputy chair, Ngarimu Blair, and discuss the decision to make this series with Chief Content Officer for the Herald and NZME, Murray Kirkness.
To read more about how these land sales impacted all iwi around Aotearoa, and the stories by NZ Herald journalists, head to nzherald.co.nz.  
Whenua is a New Zealand Herald data-led project, supported by NZ On Air, in association with Māori land legal expert Adrienne Paul. 
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer: Paddy Fox Producer: Ethan Sills

Whenua: NZ Herald project explores how Māori land passed into Pākeha ownership

Nearly three-thousand experiences have been heard in 133 days of public hearings, and more than a million documents received.

It’s been five and a half years since the Royal Commission of Inquiry into Abuse in Care was established – to investigate the abuse of children, young people, and vulnerable adults within state and faith-based institutions.

Over the years, the Inquiry’s heard from countless survivors, government heads and church leaders. Common themes have included significant sexual, verbal and physical violence, over-medicalisation, isolation and unsanitary conditions.

Finally, the Inquiry’s final report will be released publicly today after it’s presented in Parliament.

Senior Investigative Reporter Michael Morrah has been covering this inquiry since it started, and joins us today on The Front Page.

A warning - this episode of The Front Page contains distressing content such as details about sexual and physical abuse.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer: Paddy Fox
Producer: Ethan Sills

Nearly three-thousand experiences have been heard in 133 days of public hearings, and more than a million documents received.
It’s been five and a half years since the Royal Commission of Inquiry into Abuse in Care was established – to investigate the abuse of children, young people, and vulnerable adults within state and faith-based institutions.
Over the years, the Inquiry’s heard from countless survivors, government heads and church leaders. Common themes have included significant sexual, verbal and physical violence, over-medicalisation, isolation and unsanitary conditions.
Finally, the Inquiry’s final report will be released publicly today after it’s presented in Parliament.
Senior Investigative Reporter Michael Morrah has been covering this inquiry since it started, and joins us today on The Front Page.
A warning - this episode of The Front Page contains distressing content such as details about sexual and physical abuse.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer: Paddy Fox Producer: Ethan Sills

Do we need more competition and regulation in the banking sector?

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