New commerce minister blames industry for CCCFA

The new minister of Commerce and Consumer Affairs thinks the finance industry must share responsibility for problems with the Credit Contracts and Consumer Finance Act (CCCFA).

Some interest rate relief forecast

Economists say interest rates may not rise as high as previously forecast following today's employment numbers.

Duncan Webb gets key commerce portfolio

Finance industry leaders say they want to meet the new Minister of Commerce and Consumer Affairs as soon as possible to bring improvements to Government policy.

Home loans rates not keep up with OCR increases

Borrowers might be in for a brief respite from remorseless pressure to push interest rates ever higher, according to an  economist.

Today's Rate Changes

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Property News

Slow 2023 start to residential market

Slow 2023 start to residential market

Auckland’s residential market had its lowest January trading for more than 20 years.

Five tips for new property investors’ success

Five tips for new property investors’ success

Property has been among the best investments for many years.

One change could help renters’ cost of living crisis

One change could help renters’ cost of living crisis

Whether international students, immigrants and short-term workers from overseas arrive in big numbers this year will determine the rental market for landlords.

Top Mortgage Rates

SBS FirstHome Combo 5.39
Heartland Bank - Online 6.14
ICBC 6.25
TSB Special 6.29
Unity 6.39
Co-operative Bank - First Home Special 6.39
HSBC Premier 6.44
Kiwibank Special 6.49
BNZ - Classic 6.54
China Construction Bank 6.54
ANZ Special 6.54
Heartland Bank - Online 5.99
ICBC 6.45
ANZ Special 6.45
BNZ - Classic 6.45
Unity 6.49
TSB Special 6.49
Kiwibank Special 6.49
Co-operative Bank - Owner Occ 6.59
SBS Bank Special 6.59
HSBC Premier 6.69
China Construction Bank 6.74
AIA - Go Home Loans 6.49
Westpac Special 6.49
ASB Bank 6.49
BNZ - Classic 6.59
SBS Bank Special 6.69
TSB Special 6.79
Kiwibank Special 6.79
ICBC 6.85
ANZ 7.09
Co-operative Bank - Owner Occ 7.09
Westpac 7.09
SBS Construction lending for FHB 4.74
ANZ Blueprint to Build 5.23
AIA - Back My Build 5.54
Heartland Bank - Online 5.99
Pepper Money Essential 6.49
Liberty 6.84
Pepper Money Easy 6.89
Westforce Credit Union - Standard 7.00
First Credit Union Standard 7.00
First Credit Union Special 7.00
Resimac - LVR < 80% 7.34
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People News

Kiwibank makes appointment

Kiwibank makes appointment

Kiwibank has announced the appointment of Julia Jack to the newly created role of Chief Purpose and Brand Officer.

 Liberty Finance appoints new BDM

Liberty Finance appoints new BDM

Liberty has appointed a new business development manager to replace Jack Patel.

Westpac gets new chief economist

Westpac gets new chief economist

Westpac gets a new chief economist following the departure of Dominick Stephens.

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KiwiSaver News

FMA releases risk analysis for managed investment funds sector

FMA releases risk analysis for managed investment funds sector

An analysis by the Financial Markets Authority of key risks for managed investment schemes has found robust controls across the sector, pockets of concern and emerging concerns around cybercrime and climate-related disclosure obligations.

Venture capital attracts another KiwiSaver

Venture capital attracts another KiwiSaver

Generate is the third KiwiSaver scheme to invest in venture capital putting $20 million into New Zealand’s largest VC firm Movac.

Big KiwiSaver providers go for digital tools for advice

Big KiwiSaver providers go for digital tools for advice

Big KiwiSaver managers continue to ramp up use of digital tools to steer jittery investors and beleaguered KiwiSaver members onto the right investment path.