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Friday, January 27th 2023
News > News Bites
Friday, January 27th 2023
Tuesday, October 12th 2021
Non-bank lender Pepper Money is going green for its 21st birthday.
Wednesday, September 22nd 2021
State-backed Kiwibank has followed the Australian-owned big four with lockdown rate hikes.
Friday, June 04th 2021
The SBS Group reported an operating surplus of $55.2 million for the year ending March 2021, up from $21.3 million in the previous 12 months.
Wednesday, April 07th 2021
HSBC has raised its 12 month and 18 month home loans above the 2% threshold as mortgage rates begin to edge up from record lows.
Thursday, February 04th 2021
Avanti has reduced its near-prime mortgage rate to under 4%, as non-bank lenders offer increasingly competitive loans.
Thursday, November 19th 2020
Lender and former P2P specialist Harmoney has joined the stock market in Australia and New Zealand.
Monday, November 09th 2020
Pepper Money will keep paying trail to advisers with Covid-19 affected clients until the end of next year.
Friday, June 05th 2020
The Financial Markets Authority has filed court proceedings against ANZ New Zealand over issues with credit card repayment insurance policies.
Thursday, May 28th 2020
KiwiSaver provider Simplicity has launched a 2.5% floating rate mortgage for first home buyers, becoming the cheapest home loan in New Zealand.
Monday, May 04th 2020
China Construction Bank has slashed its one year mortgage rate to just 2.8%, becoming a new record low for the New Zealand market.
Friday, April 17th 2020
ANZ New Zealand failed to control internal processes concerning its capital modelling systems, according to new report.
Thursday, March 26th 2020
TSB is the latest bank to slash fixed rates after the Reserve Bank's emergency OCR cut last week, cutting its one year rate to 3.09%
Wednesday, March 25th 2020
ASB is the latest bank to slash fixed rates, matching ANZ's one year price of 3.05%.
Friday, March 20th 2020
Two more banks have slashed fixed rates following the Reserve Bank's emergency Official Cash Rate on Monday.
Monday, December 16th 2019
Australian non-bank lender Resimac has moved into the asset finance sector with the acquisition of finance company IA Group.
Monday, November 04th 2019
Westpac New Zealand has retained its accreditation to use its own capital model after completing a "remediation process" enforced by the Reserve Bank.
Monday, July 01st 2019
LVR restrictions on mortgage lending could be a "permanent setting", according to Reserve Bank deputy governor Geoff Bascand.
Tuesday, April 16th 2019
The Co-Operative Bank chief executive David Cunningham is aiming to fundraise $20,000 to help mend broken hearts. Here's his message:
Friday, April 12th 2019
BNZ has partnered up with finance company YouOwn on a shared ownership scheme aimed at first home buyers.
Friday, April 05th 2019
The Reserve Bank believes its capital adequacy proposals will only have a "minor impact" on borrowing rates, amid fears they will cause rates to increase significantly.
| SBS FirstHome Combo | 6.74 |
| Heartland Bank - Online | 6.89 |
| Wairarapa Building Society | 6.95 |
| Unity | 6.99 |
| Co-operative Bank - First Home Special | 7.04 |
| ICBC | 7.05 |
| China Construction Bank | 7.09 |
| BNZ - Classic | 7.24 |
| ASB Bank | 7.24 |
| ANZ Special | 7.24 |
| TSB Special | 7.24 |
| Unity First Home Buyer special | 6.45 |
| Heartland Bank - Online | 6.55 |
| SBS Bank Special | 6.69 |
| TSB Special | 6.75 |
| Westpac Special | 6.75 |
| China Construction Bank | 6.75 |
| ICBC | 6.75 |
| AIA - Go Home Loans | 6.75 |
| ASB Bank | 6.75 |
| Unity | 6.79 |
| Co-operative Bank - Owner Occ | 6.79 |
| SBS Bank Special | 6.19 |
| ASB Bank | 6.39 |
| Westpac Special | 6.39 |
| AIA - Go Home Loans | 6.39 |
| China Construction Bank | 6.40 |
| ICBC | 6.49 |
| Kiwibank Special | 6.55 |
| BNZ - Classic | 6.55 |
| Co-operative Bank - Owner Occ | 6.55 |
| TSB Special | 6.59 |
| SBS Bank | 6.79 |
| SBS FirstHome Combo | 6.19 |
| AIA - Back My Build | 6.19 |
| ANZ Blueprint to Build | 7.39 |
| Credit Union Auckland | 7.70 |
| ICBC | 7.85 |
| Heartland Bank - Online | 7.99 |
| Pepper Money Essential | 8.29 |
| Co-operative Bank - Owner Occ | 8.40 |
| Co-operative Bank - Standard | 8.40 |
| First Credit Union Standard | 8.50 |
| Kiwibank | 8.50 |
