Another 50 point OCR jump forecast
There is near universal expectation that the base interest rate will go up by another 50 points on Wednesday.
House price caps off First Home Loans
The Government is to make it easier for more people to get into housing.
Conduct bill into new phase
The much-criticised Financial Markets (Conduct of Institutions) Amendment Bill, or COFI, took another leap forward in parliament yesterday, passing its second reading and going on to consideration by the Committee of the Whole House next week.
Borrowers in difficulty need to deal with it early
FSCL expects increasing number of mortgage complaints.
Westpac’s results more good news for advisers
Westpac has outdone ANZ and originated a greater proportion of home loans through advisers than its bigger rival. Meanwhile, BNZ has gone nowhere with advisers.
Asset sale helps as major bank wrestles with RBNZ criticism
Westpac reports a mixed bag of results but describes its overall performance in the first half of the year as "solid".
New mortgage lending still slim
Investors are still sitting on the sidelines of the residential housing market.
More stories
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Advisers crack a major milestone
Mortgage advisers have cracked a major milestone and originated more than half of ANZ's home loans in the six months to March 31.
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BNZ profit grows
BNZ lifted its first half profit 7.4% to $709 million.
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ANZ grows home loan market share and profit
ANZ has increased its net profit after tax 18% on the back of increased home loan market share.
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Mortgage applications plummet
The credit reporting company Centrix says Omicron and looming inflation are sapping consumer confidence.
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The big bank we didn't know about
New research shows the Bank of Mum and Dad is a busy little lender which more than competes with some High Street rivals.
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Prospa loan originations up 64%
Business lender Prospa has recorded a highly profitable three months and is gearing up for one of its biggest months.
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Resimac taking banks on
Resimac has kicked off a campaign to encourage borrowers to use non-banks and to help advisers.
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RBNZ to press on with DTIs
The Reserve Bank plans to press ahead and design one of two proposed income-based controls on home lending.
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No new taxes but a big tax enquiry – Revenue Minister
The Minister of Revenue David Parker says there will be no new taxes introduced by his Government, even though he is planning more tax legislation.
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High inflation adds to advisers' challenges
The return of the inflationary bogeyman after a 30-year hibernation is loading more worries onto brokers already burdoned with full licencing requirements and a not-yet remedied CCCFA.
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High inflation likely to lead to another 50bp OCR hike
Mixed views on inflation forecasts; but many agree another 50 basis point OCR hike is to come.
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Inflation hits 30-year high
Inflation has jumped again, though at a slightly lower rate than forecast.
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Non-bank lending moves slowly upwards
Statistics show that mortgage lending by non-bank institutions is inching upwards, but is still nowhere near the level it was before the Global Financial Crisis.
