FMA sets cut off date for FAP licencing

Advisers and financial advice companies looking to transition to a full licence have been given firm cut off dates by the Financial Markets Authority.

ANZ changes its call on OCR hikes

ANZ has changed its forecasts for the OCR adding in to additional hikes and expecting the cash rate to hit 2%.

Mortgage adviser pays more than $3,000 to end complaint

A mortgage adviser has paid more than $3000 to a woman after a delayed application for a mortgage led to costly engagement with another broker.

Inflation genie out of the bottle

Today's inflation number was big and economists think it could get even bigger.

Today's Rate Changes

Property News

Tribunal: Anti-social behaviour – tenancy terminated

Tribunal: Anti-social behaviour – tenancy terminated

A tenant who cut the Sky cable, removed fuses from the fuse box and put them back incorrectly, and tagged items on the premises has had his periodic tenancy terminated.

Investor juggernaut slowly grinding down

Investor juggernaut slowly grinding down

Property buying by mortgaged investors is back down to the levels just before the loan-to-value restrictions were lifted in the second quarter last year, which sparked investor demand back into life.

FOMO haunts property buyers

FOMO haunts property buyers

Fear of missing out (FOMO) is rising in the residential property market. Sally Lindsay reviews the figures from Tony Alexander and REINZ.