LVR restrictions stabilise property market: RBNZ
Loan to value ratio restrictions play a crucial role in promoting financial stability, the Reserve Bank has concluded, following a review of macroprudential policy.
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Prospa's rapid growth
Small business lending specialist Prospa, has appointed two business development managers, including Resimac's former sales manager, to support its growing New Zealand operation.
Non-bank Pepper teams up with Astute
Australian non-bank lender Pepper Money has taken a big step into the New Zealand market by signing a partnership deal with Astute.
Australian election a win for advisers
Scott Morrison's Liberal Coalition has won the Australian Federal Election, a result which means potential bans on upfront and trail commission will be put on the back burner.
Reserve Bank forces ANZ to increase risk capital by 60%
The Reserve Bank has revoked ANZ's license to model its own operational risk capital, a move that will force the lender to increase its minimum capital by 60%, or $277 million.
Rates limbo; Are you happy with getting Level 5?
We've been a little quiet with our weekly TMM newsletters so thought it was time to get them going again. Here's a wrap of last week's news and some thoughts on what's happening in the market.
Pepper makes NZ BDM hire
Australian non-bank lender Pepper Money has made a key BDM hire after taking its first steps into the New Zealand market. [READ ON]
Time is running out for property investors. Here's why