Westpac third bank so suspend lending

Westpac has joined the ANZ and ASB in limiting high LVR loans.

ASB joins ANZ in LVR cuts

ASB has joined ANZ in halting the supply of high Loan to Value Ratio (LVR) loans.

Former Westpac exec to head up NZHL

[Updated] Kiwi Group Holdings-owned NZ Home Loans has appointed a former Westpac executive as its new chief executive.

New player enters mortgage group space

Mortgage advisers have a new dealer group option to consider.


Property News

Not if, but when construction starts falling

Not if, but when construction starts falling

Residential construction is close to topping out – if it hasn’t already –  in this housing cycle.

Housing market top of list for severe price crash

Housing market top of list for severe price crash

New Zealand is at the top of Bloomberg’s list of riskiest housing markets – those that are vulnerable to a price crash.

Rules for massive residential intensification only weeks away

Rules for massive residential intensification only weeks away

Just eight weeks away plans will be in place for huge residential intensification of Auckland, Hamilton, Tauranga, Wellington, Christchurch and Rotorua mainly through multi-unit development.