Mortgage figures show encouraging signs of growth
Mortgage lending has risen 28% since the disastrous February of last year when just $3.8 billion was lent – the lowest February figure since the Reserve Bank started data collection in 2014.
Mortgage lending has risen 28% since the disastrous February of last year when just $3.8 billion was lent – the lowest February figure since the Reserve Bank started data collection in 2014.
A year ago, NZHL finalised the investment in LFG, forming the NZHL Group. The aim was to provide advisers and clients with the best possible options and leverage the collective strength of the group - regardless of whether the adviser is using a full support model or a non-branded adviser-led model. MORE »
Digitisation provides many benefits to both financial advisers and their clients. But, once you’ve decided to embrace going digital, how do you know where to start? Which areas of your KiwiSaver advice process should be the first to go digital, and which will bring the most benefits to your business? MORE »
Despite the Finance & Mortgage Advisers Association NZ (FAMNZ) setting up in Auckland in early February, it won’t be taking membership applications until next month.
Mortgage adviser Jeff Royle’s sounding-off about the Commerce Commission dropping a “bombshell” on the industry has got its attention.
TMMO readers responded scathingly to accusations by the Commerce Commission that mortgage advisers are at risk of being “unduly influenced” by the commissions the banks pay them for placing mortgages.
Aggregation business, Finsure Group, has rejected claims by the Commerce Commission that advisers are at risk of being influenced by their own financial interests when providing advice.
REINZ has emphasised the need for property management regulation to Parliament’s Social Services and Community Committee.
“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.
It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.
Heartland Bank - Online | 6.69 |
SBS FirstHome Combo | 6.74 |
Wairarapa Building Society | 6.95 |
Unity | 6.99 |
Co-operative Bank - First Home Special | 7.04 |
ICBC | 7.05 |
China Construction Bank | 7.09 |
Co-operative Bank - Owner Occ | 7.24 |
BNZ - Classic | 7.24 |
SBS Bank Special | 7.24 |
AIA - Go Home Loans | 7.24 |
Unity First Home Buyer special | 6.45 |
Heartland Bank - Online | 6.45 |
China Construction Bank | 6.75 |
ICBC | 6.75 |
TSB Special | 6.75 |
Co-operative Bank - Owner Occ | 6.79 |
BNZ - Classic | 6.79 |
Kiwibank Special | 6.79 |
Unity | 6.79 |
ASB Bank | 6.79 |
ANZ Special | 6.79 |
Westpac Special | 6.39 |
China Construction Bank | 6.40 |
ICBC | 6.49 |
Co-operative Bank - Owner Occ | 6.55 |
SBS Bank Special | 6.55 |
AIA - Go Home Loans | 6.55 |
BNZ - Classic | 6.55 |
Kiwibank Special | 6.55 |
ASB Bank | 6.55 |
TSB Special | 6.59 |
Westpac | 6.99 |
AIA - Back My Build | 6.19 |
SBS FirstHome Combo | 6.19 |
ANZ Blueprint to Build | 7.39 |
Credit Union Auckland | 7.70 |
ICBC | 7.85 |
Heartland Bank - Online | 7.99 |
Pepper Money Essential | 8.29 |
Co-operative Bank - Owner Occ | 8.40 |
Co-operative Bank - Standard | 8.40 |
Kiwibank - Offset | 8.50 |
Kiwibank | 8.50 |
New leader for Loan Market in New Zealand.
NZHL Group appoints head of distribution and product development for Advice Link as it eyes further expansion.
Prominent social media poster William Tieu won Financial Advice NZ's financial literacy award.
Minister of Commerce and Consumer Affairs Andrew Bayly says he wants to focus on capital markets and KiwiSaver providers have a part to play.
Simplicity’s latest private equity investment is an 18.8% share in the parent company of two tax technology companies, Tax Traders and its startup business Taxi.
Most Kiwis, bar Millennials, think regular KiwiSaver contributions should be compulsory, a survey has found.
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