The Reserve Bank’s new bank capital rules mean that Kiwibank can lend about $20 billion more in home loans or $7 billion more to businesses through to June 30, 2028 than it would have been able to under the previous capital rules.
Financial advisers need to deliver clear, and client-friendly advice. OMNIMax has developed Investment Adviser Tool to make that process more efficient while improving the client experience. MORE »
While AI is coming for mortgage advice, the real question is whether the industry is leading it or reacting to it.
Fintech Dosh’s bid to become a bank swiped left by the Reserve Bank blocks banking innovation.
Mortgage advisers can now use ASB for clients buying a home under the Kāinga Ora First Home Loan scheme.
The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.
REINZ welcomes regulation of methamphetamine contamination in rental housing.
As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.
Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.
| Unity First Home Buyer special | 3.99 |
| SBS FirstHome Combo | 3.99 |
| ICBC | 4.39 |
| TSB Special | 4.39 |
| Co-operative Bank - First Home Special | 4.39 |
| Kainga Ora | 4.49 |
| Kiwibank Special | 4.49 |
| SBS Bank Special | 4.49 |
| Unity Special | 4.49 |
| Westpac Special | 4.49 |
| ANZ Special | 4.49 |
| Kainga Ora | 4.49 |
| ICBC | 4.59 |
| ANZ Special | 4.69 |
| BNZ - Std | 4.69 |
| Wairarapa Building Society | 4.79 |
| Nelson Building Society | 4.87 |
| Unity Special | 4.89 |
| SBS Bank Special | 4.89 |
| Kiwibank Special | 4.89 |
| Westpac Special | 4.89 |
| TSB Special | 4.89 |
| Kainga Ora | 5.15 |
| ICBC | 5.19 |
| Westpac Special | 5.29 |
| BNZ - Std | 5.29 |
| AIA - Go Home Loans | 5.69 |
| TSB Special | 5.69 |
| Co-operative Bank - Owner Occ | 5.69 |
| SBS Bank Special | 5.69 |
| ASB Bank | 5.69 |
| Kiwibank Special | 5.79 |
| Westpac | 5.89 |
| SBS FirstHome Combo | 3.29 |
| AIA - Back My Build | 3.34 |
| SBS Construction lending for FHB | 3.74 |
| CFML 321 Loans | 3.95 |
| Co-operative Bank - Standard | 4.99 |
| Co-operative Bank - Owner Occ | 4.99 |
| Heartland Bank - Online | 5.30 |
| ICBC | 5.39 |
| Kiwibank - Offset | 5.65 |
| Kainga Ora | 5.69 |
| Kiwibank | 5.75 |
Jack Patel has taken on a new role as business development manager with a specialist non-bank lender.
As part of a restructure NZFSG has appointed a new National Director.
Experienced business development manager Ashlene Prasad has left CFML Loans to join Pepper Money as a senior BDM.
Debt solution charity Debtfix is working with a growing number of KiwiSaver providers, to help them handle their financial hardship withdrawal workload.
Redirecting government KiwiSaver contributions to children and young people could be a way to set them up for life, at little additional cost, KiwiSaver providers say.
Kernel is celebrating taking the top spot for the high-growth and cash categories in its first three full years.
Kiwibank lending accelerates and there is room for more
Kiwibank has more money to fund home loans. [READ ON]