OCR to stay at record low: Preview Survey

New Zealand’s top economists predict the Reserve Bank will hold the Official Cash Rate next week,  as the central keeps a close watch on GDP growth and inflation.

No firm call on CGT

Introduction of a capital gains tax still looks likely but wealth taxes and land taxes are not on the cards, the Tax Working Group’s interim report reveals.

Reverse mortgages, motor, drive Heartland growth

Lender Heartland says it will pursue its strategy of focusing on “best or only” products, as it reports an 11% increase in profit.

Mortgage brokers key channel for profit-surging banks: KPMG

Mortgage advisers are predicted to continue to be an important source of business for Kiwi banks as they soar to new heights of profitability.

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