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…

Auckland property developers feel funding pinch

As Christmas approaches, BNZ’s Chief Economist Tony Alexander cautions that we’ll see a slowdown in the supply of Auckland houses due to lack of finance available to property developers. However, expect a brighter outlook come the New Year. 

Inflation around the world has been lower than expected by practically all of us since 2009 and that has seen interest rates stay at unusually low levels. These low rates have been one of the factors propelling house prices upward. Now things are changing.

Continue reading…

New Zealand’s Deloitte Fast 50 announced

The 16th edition of the New Zealand Deloitte Fast 50 list was announced last night after a day of business inspiration and advice at Villa Maria Estate from some of NZ’s top athletes, business leaders and companies. It’s BNZ’s third year sponsoring the event and 21 of the 50 companies on this year’s list are BNZ customers. BNZ Director of Partners Shelley Ruha on the importance of picking the right partners for your business.  Continue reading…