News > News
Thursday, July 25th 2024
The FMA has published guidance on how client money or property services brokers and custodians can meet their obligations under the Financial Markets Conduct Act (FMC Act).
Wednesday, July 24th 2024
Pallas Capital has secured the first structured finance facility of its kind from a main New Zealand bank.
Tuesday, July 23rd 2024
Shared home equity schemes including leasehold and rent-to-own options, as well as third-party contributions towards a deposit, could help arrest the long-term decline in home ownership in New Zealand, according to a report by Deloitte commissioned by Westpac.
Monday, July 22nd 2024
An OCR cut could come as early as next month, the ASB says.
Friday, July 19th 2024
The Financial Services Federation, which mostly represents non-bank financiers, has started signing up mortgage advisers as affiliate members.
Thursday, July 18th 2024
What constitutes fairness in financial services is generally something people agree on.
Wednesday, July 17th 2024
The impression banks are being tough on mortgage lending and have not loosened their criteria is a misconception, says mortgage adviser Kris Pedersen.
Monday, July 15th 2024
All eyes this week will be on the Consumer Price Index data in the wake of the Reserve Bank’s slight change in mood on when interest rates will come down.
Wednesday, July 10th 2024
Nobody expected the Reserve Bank to do anything other than hold its official cash rate steady at 5.5%, and that's exactly what it has just done.
Wednesday, July 10th 2024
The Monetary Policy Committee today agreed to maintain the Official Cash Rate at 5.50 percent.
Wednesday, July 10th 2024
Borrowers taking out mortgages for six months rose to a new high in May, in anticipation of interest rate cuts soon.
Monday, July 08th 2024
The Reserve Bank is not expected to give a dovish tilt at its Monetary Policy Review supporting the markets recent pricing of a 60% easing of the OCR in October with about 38 basis points priced in by the end of the year.
Friday, July 05th 2024
ASB is joining Kiwibank in expecting OCR cuts starting from November this year.
Thursday, July 04th 2024
Housing minister Chris Bishop has revealed plans to “flood the market” with enough land to end the country’s housing crisis.
Wednesday, July 03rd 2024
Lenders are happy the new Responsible Lending Code has landed with no nasty surprises.
Wednesday, July 03rd 2024
Interest rate cuts need to start soon as inflation has been beaten, BNZ economists say.
Tuesday, July 02nd 2024
Mortgage arrears were up slightly in May, with 22,000 home loans now past due - up 12% year-on-year and a return to 2019 pre-pandemic levels, the latest figures from credit bureau Centrix show.
Monday, July 01st 2024
May lending on housing stock rose by the most it has in two years.
Thursday, June 27th 2024
Resimac New Zealand’s biggest writer, Jeff Royle, says the lender had great products but was trying to act like a bank.
Monday, June 24th 2024
Small business lender Bizcap has cracked the $1 billion mark and rolled out a line of credit product.
Monday, June 24th 2024
Despite the heavy hand of the RBNZ continuing to hurt households and businesses, New Zealand’s smallest main bank is confident interest rates will move downward as soon as November.
| SBS FirstHome Combo | 5.89 |
| Unity First Home Buyer special | 6.45 |
| Co-operative Bank - First Home Special | 6.59 |
| Heartland Bank - Online | 6.69 |
| Co-operative Bank - Owner Occ | 6.79 |
| BNZ - Classic | 6.85 |
| ANZ Special | 6.85 |
| ASB Bank | 6.85 |
| Unity | 6.85 |
| TSB Special | 6.85 |
| Westpac Special | 6.85 |
| Heartland Bank - Online | 6.35 |
| Westpac Special | 6.49 |
| SBS Bank Special | 6.49 |
| ANZ Special | 6.49 |
| ASB Bank | 6.49 |
| Unity | 6.49 |
| TSB Special | 6.49 |
| BNZ - Classic | 6.49 |
| Co-operative Bank - Owner Occ | 6.49 |
| AIA - Go Home Loans | 6.49 |
| Kiwibank Special | 6.49 |
| AIA - Go Home Loans | 5.99 |
| ASB Bank | 5.99 |
| Westpac Special | 5.99 |
| SBS Bank Special | 6.19 |
| Co-operative Bank - Owner Occ | 6.35 |
| ICBC | 6.39 |
| BNZ - Classic | 6.39 |
| TSB Special | 6.39 |
| Kiwibank Special | 6.39 |
| China Construction Bank | 6.40 |
| Westpac | 6.59 |
| 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 - Standard | 8.40 |
| Co-operative Bank - Owner Occ | 8.40 |
| First Credit Union Standard | 8.50 |
| Kiwibank | 8.50 |
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