BNZ targets investor market

BNZ has dropped investor home loan rates to the same level as owner-occupier rates, as competition for a resurgent investor market heats up.

Kiwibank-BNZ takeover talk grows

Kiwibank is lining up a multibillion dollar takeover of big four bank BNZ, according to reports.

Newpark sets up support team

Adviser group Newpark has set up a support and compliance team to help advisers transition to the new regulatory regime.

Banks criticised over low equity premiums

Banks have drawn criticism for charging high-LVR borrowers with "low equity premiums" and failing to notify them when they can switch to better rates.