The ASB has turned even more hawkish on inflation, estimating a peak of close to 6% at an annual rate by the end of this year.
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 has changed its forecasts for the OCR adding in to additional hikes and expecting the cash rate to hit 2%.
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.
Today's inflation number was big and economists think it could get even bigger.
We have a couple of FAP-related stories today. Firstly the FMA has granted the 100th full licence. Here's what that adviser had to say.
Meanwhile the FMA has set cut off dates for FAP licencing [READ ON]
In interest rate news ANZ has changed its mind and is now predicitng a much higher OCR and says mortgage rates will follow. [DETAILS here]
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.
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.
Fear of missing out (FOMO) is rising in the residential property market. Sally Lindsay reviews the figures from Tony Alexander and REINZ.