RBNZ squashes fintech Dosh’s bid to become a bank
Fintech Dosh’s bid to become a bank swiped left by the Reserve Bank blocks banking innovation.
ASB joins low deposit Kāinga Ora scheme with some benefits
Mortgage advisers can now use ASB for clients buying a home under the Kāinga Ora First Home Loan scheme.
RBNZ expects slower house price growth in the current recovery
The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.
[What the RBNZ said] Why the cash rate stayed unchanged
The Reserve Bank left the OCR unchanged today and indicated it may stay "accomodative" for some time.
OCR rise tipped for second half of this year
The NZIER monetary policy shadow board says the RBNZ should start raising the OCR in the second half of this year.
TAP moves away from traditional aggregation
The Adviser Platform (TAP) is moving away from being a traditional aggregator to opening up its services to anyone in the market.
FAMNZ boss leaves
The head of adviser association, FAMNZ, is hanging up his shingle leaving the New Zealand seven months after the country head resigned.
More stories
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Predictions for next week's OCR announcement
OCR expected to be held at 2.25% at first review of the year.
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ASB accelerates mortgage lending and profit margins
ASB Bank continued to accelerate its mortgage lending at above its market share in the six months ended December and managed to lift its profit margin as well.
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Big move back to two-year fixed interest rates
Two-year fixed interest rates surged back into popularity with home owners taking out new mortgages in December.
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Challenger aims for a stake in Pepper Money
Australian annuities player, Challenger, has made an offer to acquire listed non-bank lender Pepper Money.
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Investors no longer sitting on the fence as mortgage pile rises
The mortgage pile for residential investors is rising faster than that for owner-occupiers.
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Cost of living dropping as mortgage interest rates tumble
Mortgage interest payments falling 17.3% last year kept the cost-of-living hikes for the average household at just 2.2%.
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Fewer complaints against advisers
Dispute resolution scheme Financial Services Complaints says it has received fewer complaints about financial advisers in the second half of last year than in the same time a year earlier, even as overall complaint numbers rose.
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Hybrid human-AI client model the most effective for adviser success
Being a good mortgage adviser requires combining technical expertise in lending with exceptional customer service to build trust.
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Mortgage lending reaches all-time high in big bank cash backs frenzy
As expected, billions of mortgage dollars washed around the major banks at the end of last year as homeowners chased the big cash backs on offer.
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Competing with fintechs the way to go
Traditional mortgage advisory companies have been told to take the lead from fintechs in becoming more agile, innovative and aggressive.
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Interest rates could be higher by the middle of this year
The ASB and ANZ have joined Westpac in thinking the Reserve Bank will be forced to raise the OCR this year instead of next.
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From Programme to Practice: Making Transformation Part of Who We Are
In today’s fast-moving financial landscape, embracing transformation isn’t optional—it’s essential. For advisers, the benefits are clear: more time with clients, less time on admin, and smarter tools that support better conversations and outcomes.
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Home owners back to favouring floating rates in big numbers
Despite cajoling from advisers and economists that the past couple of months have been the time to fix at low long-term rates – down to 4.75% for three years – home owners have been ignoring that advice.
