News

RBNZ reviews banks' risks

The risks that banks face which are outside their normal trading activities are being reviewed by the central bank.



Borrowers looking to longer terms thanks to Covid

The discovery of a new strain of Covid-19 is making home buyers even more cautions than they already were, according to a longstanding Auckland mortgage adviser.

Old company with a new name

A new name on the lending circuit, Xceda Finance, is actually an old company with a new mission. [With product matrix].

Westpac's governance problems detailed

Westpac NZ has been pinged by the Reserve Bank (RBNZ) for having insufficient banking expertise among its board of directors.

Adrian Orr: We put our best foot forward

Hundreds of thousands of mortgage holders could get a shock as rising interest rates start to bite in the next 12 months.

Today's Rate Changes

Property News

How cities need to change to adapt to climate change

How cities need to change to adapt to climate change

A veteran town planning expert says the property industry will have to undergo massive changes in a decade and a half if the latest projections on climate change are to be met.

Guidelines for Covid-infected people living in apartments

Guidelines for Covid-infected people living in apartments

The Health Ministry has issued new advice for body corporates dealing with Covid-19 infected people self-isolating in their apartments.

House prices materially falling chorus from banks

House prices materially falling chorus from banks

The BNZ has joined Westpac and the Reserve Bank in predicting modest outright falls in house prices, but a large correction cannot be ruled out.