S&P downgrades Asset Finance

Whakatane-based non-bank lender Asset Finance has been downgraded by rating agency S&P following its private equity takeover.

Small banks take fight to big four

Kiwibank and TSB have upped the ante in the 2019 price war, reviving low interest rates aimed at luring prime customers from the big four.

Aussie advisers welcome trail ban delay

The Australian mortgage adviser trade body the MFAA has welcomed the government's decision to soften its stance on trail commission.

Westpac offers prefab lending product

Westpac is the first bank to launch a dedicated mortgage product aimed at helping get Kiwis into prefabricated homes.

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