The Reserve Bank cut its official cash rate (OCR) by 50 basis points to 4.75%, as expected, and said it assesses that inflation is now within its 1% to 3% target range “and converging on the 2% midpoint.”
New climate-related disclosures seen bringing both benefits and challenges MORE »
Today Southern Cross Health Society Group (“Group”) shares its annual results for the year ended 30 June 2024, highlighting extraordinary growth in claims over the year; in volume and value. MORE »
Stephen Arnold, Founder and Chief Investment Officer at Aoris Investment Management, explains the quality approach that sets its global equity investment strategy apart. MORE »
Amid a slow housing market, mortgage advisers are diversifying into small business loans, tapping into a $20bn industry and becoming one-stop shops for their clients' financial needs. MORE »
Interest rate relief is on its way; but how much? We check in with economists to find out.
Changes to Avanti's funding base well received by ratings house.
Mortgage advisers are largely unknown to the public according to a new piece of research.
Property investors will be back in the market next year, even as house prices rise by 5-7%, Kiwibank says.
Investors are coming back into the property market at a rapid clip.
Two of the country’s major banks have slashed their house price growth forecasts for the rest of the year.
| SBS FirstHome Combo | 5.45 |
| Co-operative Bank - First Home Special | 5.99 |
| ICBC | 6.15 |
| Co-operative Bank - Owner Occ | 6.19 |
| AIA - Go Home Loans | 6.19 |
| BNZ - Classic | 6.19 |
| ASB Bank | 6.19 |
| ANZ Special | 6.19 |
| Unity First Home Buyer special | 6.20 |
| Unity | 6.29 |
| Kiwibank Special | 6.29 |
| AIA - Go Home Loans | 5.69 |
| SBS Bank Special | 5.69 |
| ICBC | 5.69 |
| ASB Bank | 5.69 |
| ANZ Special | 5.69 |
| Co-operative Bank - Owner Occ | 5.75 |
| BNZ - Classic | 5.79 |
| Unity | 5.79 |
| TSB Special | 5.79 |
| Kiwibank Special | 5.79 |
| Westpac Special | 5.79 |
| AIA - Go Home Loans | 5.69 |
| TSB Special | 5.69 |
| SBS Bank Special | 5.69 |
| Kiwibank Special | 5.69 |
| Westpac Special | 5.69 |
| ICBC | 5.69 |
| Co-operative Bank - Owner Occ | 5.69 |
| BNZ - Std | 5.69 |
| BNZ - Classic | 5.69 |
| ASB Bank | 5.69 |
| Co-operative Bank - Standard | 6.19 |
| AIA - Back My Build | 5.94 |
| SBS FirstHome Combo | 5.94 |
| CFML 321 Loans | 6.70 |
| CFML Home Loans | 6.95 |
| ANZ Blueprint to Build | 7.39 |
| ICBC | 7.49 |
| Credit Union Auckland | 7.70 |
| ANZ | 7.89 |
| BNZ - TotalMoney | 7.94 |
| BNZ - Mortgage One | 7.94 |
| BNZ - Rapid Repay | 7.94 |
Ashlene Prasad has joined a non-bank lender which is currently on a growth path.
Heartland gets a new chief executive earlier than expected and shuffles its senior management team.
Christchurch-based lender Goldband Finance continues to grow.
Andrea Malcolm looks at the latest KiwiSaver data from Melville Jessup Weaver and finds out who the big winners are over recent years.
The March 2024 reporting year for KiwiSaver showed the strongest growth in total funds since 2021 and passed the $100 billion milestone, according to the Financial Markets Authority.
Sharesies KiwiSaver members can now combine multiple base funds instead of having to choose only one for their KiwiSaver scheme.
BREAKING: OCR 4.75%
The Monetary Policy Committee today agreed to cut the Official Cash Rate (OCR) to 4.75 percent. The Committee assesses that annual consumer price inflation is within its 1 to 3 percent inflation target range and converging on the 2 percent midpoint. [READ ON]