Ups and downs in the market

By BNZ General Manager Wealth, Peter Forster

Many KiwiSaver investors may have seen their balances take a dip recently on the back of some sharp ups and downs (with more downs than ups) across global markets. But really, this type of market movement is what we expect to see. KiwiSaver is a long-term savings option which means weathering difficult periods is part of the design rather than a flaw. What’s important is for members to keep their goals and objectives in mind and to choose an appropriate fund to suit. Continue reading…

Second People’s Choice Award for BNZ KiwiSaver

By BNZ Head of Wealth & Private Bank, Donna Nicolof

KiwiSaver should be a key part of New Zealanders’ retirement planning. Because of how vital it is, we have put a huge emphasis on making sure the BNZ KiwiSaver Scheme is as good as it can be. This approach was recently given the tick by our customers with ConsumerNZ awarding us their People’s Choice Award for the second year running. Continue reading…

Backing bold women: Scholarships announced

by BNZ CEO, Angie Mentis

International Women’s Day gives us the opportunity to not simply talk about gender equality, but to act on it too.

This year is 125 years since New Zealand women got the right to vote. Given that fact, it is simply not acceptable that experts are estimating that gender parity another 186 years away. That’s six generations.

Today we have the chance to act. Forget the year 2186 for gender equity. Think 2020. That’s our commitment. BNZ will achieve gender equality across all levels of our organisation by 2020. Continue reading…

Celebrating Te Reo Māori

In the light of Māori Language Week, Cath Lomax, BNZ’s Head of Diversity & Inclusion, shares her personal experiences around Te Reo and how the Māori culture is brought to life at BNZ.

With Māori Language Week coming up I thought it would be an interesting exercise to see how many Māori words my kids could come up with. They started off pretty well covering all the basics, and then the competitiveness came out with them counting up to 100.

It seems so natural for our kids to be learning and speaking some Māori at school now, although I wish even more was being done. Continue reading…

Hold the phone! The future of mobile payments

In light of the latest Android Pay developments, here’s more on the future of mobile payments from Ross Jackson, BNZ’s Head of Cards & Payments.

Recently I read an article captioned “Plastic will be the death of cash” on LinkedIn. That’s partly true, as it’s not plastic that will displace the hassle and costs of securely handling cash, it’s the (16) digits that carry the transaction that are about to change the world of payments for New Zealanders and their favourite retailers. Continue reading…

Creating great together with BNZ’s new careers site

BNZ Sourcing and Branding Manager, Caroline Peak reflects on the launch of BNZ’s new careers website and life at BNZ.

We recently launched our new and improved BNZ careers website and are happy to announce, just over a week in and close to 10,000 visits later, it’s going strong! But it didn’t happen overnight. In fact, it’s something we’ve been planning for a while, so we knew we had to get right. Continue reading…

Keeping up with change: Techweek ’17

A disappointing statistic was presented by KPMG last week: around two-thirds of tech projects undertaken by New Zealand businesses fail. Only 29% of all projects are delivered on budget, 21% deliver on benefits and 33% end up meeting the business objectives.

Like many, businesses are struggling to keep up with the fast pace of technological change and New Zealand companies lag behind the rest of the world when it comes to cyber security. Continue reading…

Responsible investment policy prompts changes in BNZ KiwiSaver scheme

In September 2016 we announced we would be reviewing the BNZ KiwiSaver Scheme investments. We’re glad to report that we’ve developed a responsible investment policy spanning all investments made on behalf of our customers.

This has led to a number of exclusions being applied in our international equity holdings. Companies involved in the production of cluster munitions, anti-personnel mines, nuclear weapons as well as tobacco are excluded.

Continue reading…

BNZ opens free co-working space in Christchurch

At BNZ we love supporting entrepreneurs to grow their business and want to help businesses work together to build new relationships and create a culture of collaboration and innovation.

Christchurch is a community that’s proven it’s full of strong, resourceful and collaborative people so we’re excited to announce that we’ve opened a free co-working space for small to medium enterprises in Christchurch’s CBD called community101.

Continue reading…