A lab experiment moves to next phase

A reasonably new and evolving mortgage adviser group has sold to an established player citing regulatory issues.

Experts united over interest rate gloom

Economists are singing in unison about Wednesday's interest rate announcement by the Reserve Bank.

Advisers told to move beyond trust to inspiration

Advisers have been receiving advice on the best way to work in an age where trust is no longer the main driver of a deal.

Kiwibank also raises interest rates

Kiwibank has followed the BNZ and announced rises its interest rates today.

Today's Rate Changes
  • Experts united over interest rate gloom

    Economists are singing in unison about Wednesday's interest rate announcement by the Reserve Bank. [READ ON]

    A reasonably new and evolving mortgage adviser group has sold to an established player citing regulatory issues. [READ ON]


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Property News

Empty home owners not willing to become landlords

Empty home owners not willing to become landlords

A plan to fill so called ‘ghost homes’ has been scrapped by the Government after it paid for a $500,000 trial and investigation by Wise Group.

Building consents flatten, prices rise but construction carries on

Building consents flatten, prices rise but construction carries on

The new building consent frenzy is over.

No turning the corner on house prices

No turning the corner on house prices

ANZ economists say house prices will continue falling over the summer and they don’t see any good reasons why the housing market “might suddenly turn a corner over the coming months”.

Top Mortgage Rates

SBS Bank Special 4.89
ICBC 4.95
TSB Special 4.99
HSBC Premier 5.09
Heartland Bank - Online 5.09
Co-operative Bank - First Home Special 5.15
Co-operative Bank - Owner Occ 5.25
Kainga Ora 5.31
China Construction Bank 5.35
First Credit Union Special 5.35
Westforce Credit Union - Special 5.35
ICBC 5.25
SBS Bank Special 5.29
HSBC Premier 5.34
Heartland Bank - Online 5.45
TSB Special 5.49
Kainga Ora 5.58
BNZ - Classic 5.59
Kiwibank Special 5.65
Westpac Special 5.65
Co-operative Bank - Owner Occ 5.65
AIA 5.75
TSB Special 5.65
Westpac Special 5.75
SBS Bank Special 5.79
BNZ - Classic 5.99
Kiwibank Special 5.99
ICBC 5.99
AIA 6.09
Co-operative Bank - Owner Occ 6.09
ASB Bank 6.09
SBS Bank 6.29
Westpac 6.35
Heartland Bank - Online 4.99
Liberty 5.34
Resimac 5.59
Unity 5.65
Kainga Ora 5.85
Westforce Credit Union - Standard 5.85
First Credit Union Special 5.85
Credit Union Auckland 5.95
Pepper Money 5.99
ICBC 6.00
HSBC Premier 6.34
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People News

Pie Funds get new head chef

Pie Funds get new head chef

There has been an executive-level reshuffle at the funds management and KiwiSaver firm, Pie Funds.

New product boss at Avanti

New product boss at Avanti

Avanti Finance has a new Head of Product and Markets.

Mortgage Express appoints sales manager

Mortgage Express appoints sales manager

Mortgage Express has appointed a new sales manager.

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KiwiSaver News

KiwiSaver 2022: higher fees, lower investment returns

KiwiSaver 2022: higher fees, lower investment returns

New Zealand’s 3.168 million KiwiSaver members paid $692 million in fees in 2022, a 6.9% increase from the previous year. These fees - a combination of administration and management charges -  chewed up more than half of members’ investment returns, which this year dropped 90% to $1.3b.

Petition starts for KiwiSaver sharing

Petition starts for KiwiSaver sharing

The KiwiSaver company Kōura Wealth has started a petition to improve gender equity in retirement.

What KiwiSaver might look like in 2050

What KiwiSaver might look like in 2050

Retirement Commissioner Jane Wrightson is calling for KiwiSaver to be made compulsory and the minimum contribution rate ramped up to 5%.