Mike Pero CEO leaves industry
Mike Pero Mortgages chief executive Mark Collins has accepted a new role outside of the finance industry.
Sponsored Content
Providing the personalised KiwiSaver advice that clients deserve, at scale...
Amicus Group finds the answer to service its KiwiSaver clients. MORE »
CCCFA bad law but huge growth in credit is the bigger picture
Financial advisers have been told the Credit Contracts and Consumer Finance Act (CCCFA) is bad law but it is not the main issue on the table right now.
CCCFA enquiry might have terms of reference afterall
The enquiry into the Credit Contracts and Consumer Finance Act (CCCFA) might have terms of reference after all.
Prospa prospers in NZ and plans new product
The New Zealand operations of ASX-listed small business lender, Prospa, "continues to contribute significantly" to the group's performance.
Resimac seeks to avoid “nit picking” under CCCFA
The non-bank lender, Resimac, has vowed to speed up mortgage lending by not “nit picking” over how how many cups of coffee or glasses of Cab Sav would-be borrowers have been consuming.
Property News
Mega landlord claims refuted
The Property Investors Federation has rebutted a Sunday Star Times article claiming there are 605,722 investment properties owned by 533,000 people or businesses in New Zealand.
Auckland market turning for investors
Weaker prices for houses, particularly in Auckland, could mean the start of the long-anticipated downturn in the market.
Cracks appearing in housing market
A mortgage is not just getting more expensive as interest rates rise. A mortgage is now hard to get full stop, says Jarrod Kerr, Kiwibank chief economist.
We're borrowing too much: Bagrie
Economist Cameron Bagrie reckons CCCFA isn't the big issue; rather it's the amount of borrowing. [READ ON]