New Zealand banking sector profits rose 13.6 percent in the year to September 2012, according to a survey by KPMG. Head of financial services John Kensington says it might sound like a lot, but it\'s not excessive. He says it\'s quite fortunate New Zealand\'s banks didn\'t indulge in the kinds of practises overseas that led directly to the financial crisis, and a strong banking sector is good for the country. 3news