Calls for hold on OCR strengthen as GDP comes in higher than expected

Economists expect the OCR to be kept on hold at its meeting next month as GDP came in at 0.8% for the first quarter of the year – higher than most forecasters had predicted.

NZFSG teams up with Cotality

NZFSG and Cotality (formerly Core Logic) partner to empower mortgage advisers with industry-leading property data and insights.

Rising inflation adding to RBNZ’s headache

Inflation is expected to break through the RBNZ’s top line of 3% in the next quarter, intensifying its headache.

Professional mortgage advice central as wave of fintechs expected

Fintechs offering cheap mortgages without advice to borrowers won’t make mortgage advisers redundant.


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Property News

Leaving last year's stumbling housing market behind

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.

Similar Price Growth

Similar Price Growth

Although houses prices typically rise more than apartments over the long-term, the gap is not as wide as many people expect.

Top Mortgage Rates

Unity First Home Buyer special 4.29
SBS FirstHome Combo 4.29
ICBC 4.85
Co-operative Bank - First Home Special 4.85
China Construction Bank 4.85
Kiwibank Special 4.89
BNZ - Std 4.89
Westpac Special 4.89
SBS Bank Special 4.95
TSB Special 4.95
AIA - Go Home Loans 4.95
Nelson Building Society 4.93
AIA - Go Home Loans 4.95
Wairarapa Building Society 4.95
TSB Special 4.95
SBS Bank Special 4.95
Kiwibank Special 4.95
Westpac Special 4.95
ICBC 4.95
ANZ Special 4.95
ASB Bank 4.95
BNZ - Std 4.95
Westpac Special 5.39
SBS Bank Special 5.39
ICBC 5.39
BNZ - Classic 5.59
BNZ - Std 5.59
Co-operative Bank - Owner Occ 5.59
AIA - Go Home Loans 5.69
ASB Bank 5.69
Kainga Ora 5.79
Kiwibank Special 5.79
ANZ 5.79
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Standard 5.95
Co-operative Bank - Owner Occ 5.95
Heartland Bank - Online 5.99
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
China Construction Bank 6.44
BNZ - Std 6.44
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People News

MPM finally gets new GM

MPM finally gets new GM

Liberty has appointed a new general manager to the Mike Pero group nine months after the former GM left.

Finsure increases NZ staff

Finsure increases NZ staff

Aggregation business, Finsure Group, has appointed a compliance manager to help mortgage advisers deal with the regulatory changes and compliance issues which can often create extra stress for their businesses.

Avanti Finance anoints new national sales manager

Avanti Finance anoints new national sales manager

Avanti business development manager promoted to role of national sales manager.

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KiwiSaver News

KiwiSaver is the future of financial advice: Bascand

KiwiSaver is the future of financial advice: Bascand

More than a million people will be seeking advice on their KiwiSaver, Harbour Asset Management co-chief executive Andrew Bascand says.

KiwiSaver contribution rates to increase; Cuts to Govt contribution

KiwiSaver contribution rates to increase; Cuts to Govt contribution

The Government is increasing contribution rates to KiwiSaver, but at the same time reducing, and in some cases, removing the member tax credit.

Generate KiwiSaver customers most satisfied

Generate KiwiSaver customers most satisfied

Boutique providers have taken out the top spots in Consumer New Zealand’s KiwiSaver survey with Generate awarded People’s Choice.