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Bank CEO questions whether banks are making too much money

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stuff.co.nz

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info@engage.stuff.co.nz

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Thu, Apr 18, 2024 06:04 PM

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As mortgage defaults rise so too do bank profits, this bank CEO questioning whether they’ve got

As mortgage defaults rise so too do bank profits, this bank CEO questioning whether they’ve got the balance right. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ?utm_source=newsletters&utm_medium=email&utm_campaign=stuff_daily&lid=fjbvnk9wab1k&utm_source=editorial%2Bnewsletter&utm_medium=email&utm_campaign=Stuff%2BDaily&utm_content=email%2Blink [Support our Journalism]( [Support our Journalism »](     STUFF DAILY 19 April 2024   Kia ora {NAME}, Hello and welcome to your morning briefing from Stuff, bringing you the top stories and news you'll want to read. [Bank CEO questions whether banks are making too much money]( As mortgage defaults rise so too do bank profits, this bank CEO questioning whether they’ve got the balance right. Tova O'Brien [How much do you value news? If strong independent media in NZ matters to you, support our work today.]( [I'd like to contribute →]( [Elderly not the only ones facing painful wait for hip operations]( Tamsin Roberts is 44, not the age normally associated with needing a hip replacement. [Two years on from electric shock that cost scaffolder both arms]( The young father spent nearly two years in hospital, undergoing more than 40 surgeries, enduring kidney failure and multiple skin grafts. [When will NZ’s economy recover?]( Bad news for those just hanging on - new forecasts say it’ll be 12 months before there is improvement. Susan Edmunds   STUFF MORNING QUIZ: APR 19 Where is Australia Zoo? [Let’s get quizzing]( EDITORS' PICKS   [Just a third of passengers entering NZ use new digital traveller declaration]( Around 530,000 passengers fly into New Zealand each month. Emma Stanford [What you need to know about the Government’s new child sickness guidelines]( They’re aimed at increasing school attendance, but what exactly are they, and will they make a difference? Emily Brookes [Tell your story: How are high mortgage interest rates are affecting you?]( The latest inflation figures could be bad news for anyone wanting a cut to official interest rates. How are you coping with high mortgage repayments? [Country house kitchen in Mangawhai goes high-tech]( With its nano-technology finish, this black kitchen doesn’t show the fingermarks, which is just as well with three boys in the house. Colleen Hawkes Enjoying this email? [Check out Stuff's other daily and weekly newsletters.](     NZ NEWS [Philippines a ‘huge opportunity’ for NZ - Luxon]( [Explaining Māori wards]( [Woolworths NZ's new era]( WORLD [Teen charged with terrorism over church stabbing]( [‘I forgive you’: Stabbed Sydney bishop publicly absolves attacker]( [Big volcano eruptions in Indonesia trigger tsunami alert, evacuations]( SPORT [Team NZ’s speed prediction for new boat to defend America’s Cup]( [Chanel Harris-Tavita ruled out for Warriors against Dragons]( [Phoenix out to reclaim A-League Men lead]( LIFESTYLE [Zendaya, Guadagnino serve up artfully constructed, well-made drama]( [Singapore's Changi dethroned as world's best airport]( [Tonnes more food scraps needed](   [Manage Stuff Account](?lid=la2xftkfb576&utm_source=editorial%2Bnewsletter&utm_medium=email&utm_campaign=Stuff%2BDaily&utm_content=email%2Blink) [Unsubscribe](EMAIL}/2c520dc6-86e5-5f70-b825-d54222a8d29c/communication-subscription/stuff-newsletter-newsletter-stuff_daily/unsubscribe?auth_hash=+Q+oiAj7HWBqZPdq0WUHJbwxHdVOAYl1QSMT/b2ttiw=) | [Terms & Conditions]( | [Privacy Policy]( You are receiving this email because you are subscribed to the Stuff Daily newsletter. Did a friend forward you this email? [Sign up to get Stuff Daily in your inbox.]( Stuff, 4 Williamson Ave, Ponsonby, Auckland 1021, New Zealand [Instagram]( [TikTok](nzstuff?lang=en&lid=n5ocfzmxwwso&utm_source=editorial%2Bnewsletter&utm_medium=email&utm_campaign=Stuff%2BDaily&utm_content=email%2Blink) [YouTube](StuffNewZealand?lid=mja60ac1c9id&utm_source=editorial%2Bnewsletter&utm_medium=email&utm_campaign=Stuff%2BDaily&utm_content=email%2Blink) * You can email us at feedback@stuff.co.nz, or call us on [0800 339 000](tel:0800%20339%20000).

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