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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KPMG calls for access to ESAS for specialist lenders
11 Dec 2024 - Lack of access to the Reserve Bank's exchange settlement account system (ESAS) is a key factor hampering specialist lenders because it means both a higher cost of capital and a requirement to hold more capital than the banks they compete against.
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Profit for specialist lenders falls again
11 Dec 2024 - For the second year in a row profit for non-bank lenders has fallen.
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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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23 Sep 2021 -