Fifth drop in amount households spend on interest
The amount households have to spend on interest payments has fallen for a fifth consecutive quarter, despite rising living costs.
The amount households have to spend on interest payments has fallen for a fifth consecutive quarter, despite rising living costs.
“The future is already here – it’s just not evenly distributed.” — William Gibson MORE »
Clients don’t all absorb information in the same way, some need visuals while others prefer numbers and detail. Many need both before they feel confident to make a decision. MORE »
Keeping the cash rate at 2.25% will be an easy decision for the RBNZ at its OCR meeting next week, Kelly Eckhold, Westpac chief economist says.
The FMA has taken over from the Commerce Commission as regulator of the Credit Contracts and Consumer Finance Act (CCCFA).
We are delighted to welcome Richard and Ricky to the CFML Loans team as our new Business Development Managers.
The Financial Markets Authority (FMA) is going after advisers and FAPs who flout its rules and pose significant risks for borrowers.
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 | 4.09 |
| SBS FirstHome Combo | 4.19 |
| ICBC | 4.49 |
| Kainga Ora | 4.59 |
| Co-operative Bank - First Home Special | 4.59 |
| AIA - Go Home Loans | 4.65 |
| ANZ Special | 4.65 |
| ASB Bank | 4.65 |
| TSB Special | 4.69 |
| Co-operative Bank - Owner Occ | 4.69 |
| SBS Bank Special | 4.69 |
| Kainga Ora | 4.95 |
| China Construction Bank | 4.95 |
| ICBC | 4.99 |
| Nelson Building Society | 5.09 |
| Kiwibank Special | 5.19 |
| Westpac Special | 5.19 |
| Co-operative Bank - First Home Special | 5.19 |
| AIA - Go Home Loans | 5.25 |
| ASB Bank | 5.25 |
| TSB Special | 5.25 |
| SBS Bank Special | 5.29 |
| Westpac Special | 5.49 |
| SBS Bank Special | 5.49 |
| BNZ - Std | 5.49 |
| AIA - Go Home Loans | 5.59 |
| ASB Bank | 5.59 |
| ICBC | 5.65 |
| Co-operative Bank - First Home Special | 5.69 |
| Kiwibank Special | 5.69 |
| Kainga Ora | 5.69 |
| Co-operative Bank - Owner Occ | 5.79 |
| TSB Special | 5.99 |
| 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 |
| ICBC | 5.39 |
| Kiwibank Special | 5.75 |
| Kiwibank - Offset | 5.75 |
| Kiwibank | 5.75 |
| Kainga Ora | 5.79 |
Small business lender Prospa adds two new Business Development Managers.
FMT adds Tauranga-based BDM
KiwiSaver providers want more clarity on how total remuneration packages will be treated with any move towards compulsion.
National is proposing a range of changes to KiwiSaver if it returns to power, including making the scheme compulsory.
[UPDATED - ASB response] A financial adviser worried about ASB’s marketing campaign for its KiwiSaver schemes has taken his complaint to the Financial Markets Authority.
FMA finally takes over CCCFA; Meet CFML's two new BDMs
The FMA has taken over from the Commerce Commission as regulator of the Credit Contracts and Consumer Finance Act (CCCFA). [READ ON]
Introducing CFML's New BDMs: Richard and Ricky - Find out more about them here.