Thursday, May 19th 2022

House price caps off First Home Loans

The Government is to make it easier for more people to get into housing.

Conduct bill into new phase

Wednesday, May 18th 2022

Conduct bill into new phase

The much-criticised Financial Markets (Conduct of Institutions) Amendment Bill, or COFI, took another leap forward in parliament yesterday, passing its second reading and going on to consideration by the Committee of the Whole House next week.

Borrowers in difficulty need to deal with it early

Tuesday, May 17th 2022

Borrowers in difficulty need to deal with it early

FSCL expects increasing number of mortgage complaints.

Westpac’s results more good news for advisers

Tuesday, May 10th 2022

Westpac’s results more good news for advisers

Westpac has outdone ANZ and originated a greater proportion of home loans through advisers than its bigger rival. Meanwhile, BNZ has gone nowhere with advisers.

Asset sale helps as major bank wrestles with RBNZ criticism

Monday, May 09th 2022

Asset sale helps as major bank wrestles with RBNZ criticism

Westpac reports a mixed bag of results but describes its overall performance in the first half of the year as "solid".

New mortgage lending still slim

Friday, May 06th 2022

New mortgage lending still slim

Investors are still sitting on the sidelines of the residential housing market.

Advisers crack a major milestone

Thursday, May 05th 2022

Advisers crack a major milestone

Mortgage advisers have cracked a major milestone and originated more than half of ANZ's home loans in the six months to March 31.

More Stories

BNZ profit grows

BNZ profit grows

Thursday, May 05th 2022

BNZ lifted its first half profit 7.4% to $709 million.

ANZ grows home loan market share and profit

ANZ grows home loan market share and profit

Wednesday, May 04th 2022

ANZ has increased its net profit after tax 18% on the back of increased home loan market share.

Mortgage applications plummet

Mortgage applications plummet

Tuesday, May 03rd 2022

The credit reporting company Centrix says Omicron and looming inflation are sapping consumer confidence.

The big bank we didn't know about

The big bank we didn't know about

Friday, April 29th 2022

New research shows the Bank of Mum and Dad is a busy little lender which more than competes with some High Street rivals.

Prospa loan originations up 64%

Prospa loan originations up 64%

Thursday, April 28th 2022

Business lender Prospa has recorded a highly profitable three months and is gearing up for one of its biggest months.

Resimac taking banks on

Resimac taking banks on

Wednesday, April 27th 2022

Resimac has kicked off a campaign to encourage borrowers to use non-banks and to help advisers.

RBNZ to press on with DTIs

RBNZ to press on with DTIs

Wednesday, April 27th 2022

The Reserve Bank plans to press ahead and design one of two proposed income-based controls on home lending.

No new taxes but a big tax enquiry – Revenue Minister

No new taxes but a big tax enquiry – Revenue Minister

Tuesday, April 26th 2022

The Minister of Revenue David Parker says there will be no new taxes introduced by his Government, even though he is planning more tax legislation.

High inflation adds to advisers' challenges

High inflation adds to advisers' challenges

Monday, April 25th 2022

The return of the inflationary bogeyman after a 30-year hibernation is loading more worries onto brokers already burdoned with full licencing requirements and a not-yet remedied CCCFA.

High inflation likely to lead to another 50bp OCR hike

High inflation likely to lead to another 50bp OCR hike

Friday, April 22nd 2022

Mixed views on inflation forecasts; but many agree another 50 basis point OCR hike is to come.

Inflation hits 30-year high

Inflation hits 30-year high

Thursday, April 21st 2022

Inflation has jumped again, though at a slightly lower rate than forecast.

Non-bank lending moves slowly upwards

Non-bank lending moves slowly upwards

Thursday, April 21st 2022

Statistics show that mortgage lending by non-bank institutions is inching upwards, but is still nowhere near the level it was before the Global Financial Crisis.

RBNZ expresses concern over state spending

RBNZ expresses concern over state spending

Tuesday, April 19th 2022

 The Governor of the Reserve Bank has fired an oblique shot across the bows of the Government over state spending.

Why economists think yesterday's big OCR hike was right

Why economists think yesterday's big OCR hike was right

Thursday, April 14th 2022

Westpac says a big OCR hike yesterday will spare homeowners much harsher treatment later.

Kainga Ora - First Home Buyer Special 2.25
Heartland Bank - Online 3.85
The Co-operative Bank - First Home Special 4.19
SBS Bank Special 4.19
ICBC 4.29
The Co-operative Bank - Owner Occ 4.29
Select Home Loans 4.29
TSB Special 4.34
HSBC Premier 4.39
China Construction Bank Special 4.45
AIA 4.49
Heartland Bank - Online 4.70
SBS Bank Special 4.85
Select Home Loans 4.86
TSB Special 4.99
ICBC 5.09
HSBC Premier 5.15
The Co-operative Bank - Owner Occ 5.19
Kiwibank Special 5.19
Westpac Special 5.19
China Construction Bank Special 5.19
First Credit Union Special 5.20
Select Home Loans 5.20
TSB Special 5.75
Kiwibank Special 5.79
Westpac Special 5.89
ICBC 5.89
HSBC Premier 5.89
The Co-operative Bank - Owner Occ 5.95
SBS Bank Special 5.95
BNZ - Classic 5.99
Resimac 6.33
China Construction Bank Special 6.35
ANZ Blueprint to Build 2.78
Pepper Essential 3.44
Heartland Bank - Online 4.00
Select Home Loans 4.09
Resimac 4.59
TSB Special 4.79
Liberty 4.84
Kiwibank Special 5.00
Kiwibank - Offset 5.00
Kiwibank 5.00
Wairarapa Building Society 5.24