Price wars to support property market: CoreLogic

Mortgage rate wars will underpin property market growth following a "sluggish" start to the year, according to research firm CoreLogic.

Capital requirements a risk to growth: ANZ

The Reserve Bank's proposals to force banks to keep extra capital could be a "significant headwind" to the economy and reduce the availability of credit, according to ANZ economists.

Industry shakeout good for advisers

Regulation will lead to a reduction in adviser numbers in the coming years, a positive for those remaining in the industry, according to leading industry figures.

ANZ goes green with healthy home discount

ANZ is offering up to 1% off loans for new build properties that meet sustainability and energy efficiency requirements. 

Resimac takes on banks with big cuts

Non-bank lender Resimac has waded into the mortgage price war with a series of aggressive rate cuts.

NZ banks could face $21bn capital shortfall

New Zealand banks could be left with a $21 billion capital shortfall under the Reserve Bank's new capital rules, according to research from investment bank UBS.

More stories
  • Westpac, ANZ, TSB ramp up offers

    ANZ has cut its one year special to 3.95% while Westpac has cut its three year rate below 4%, as prices continue to plummet for Kiwi borrowers.

  • Westpac latest to predict May OCR cut

    Westpac economists are the latest to change their minds on the OCR, predicting the Reserve Bank will cut rates next month.

  • Green light for new financial advice regime

    The Financial Services Legislation Amendment Bill has passed its final hurdle, clearing the way for a new legislative regime for all financial advisers.

  • Price war heats up with ASB move

    Homeloan rates continue to fall in the wake of the Reserve Bank's OCR comments and weak business confidence numbers this week. ASB has slashed its three, four, and five year interest rates, joining rivals in a competitive race for borrowers.

  • Australian non-bank Pepper eyes NZ

    Aussie non-bank giant Pepper is plotting a move into the New Zealand market, joining a growing list of alternative lenders.

  • A Prospa NZ success story

    When catering business Baker & Son found it difficult to access funds from traditional lenders, Prospa was there to help. Find out how this family-run business used a Prospa loan to expand and upgrade their kitchen, and deliver more sweet treats to customers around Auckland.

  • Bank targets criticised

    Bank targets for mortgage advisers cause more damage to customers than adviser commissions, according to lender Southern Cross Partners.

  • OCR Announcement: Here's what Orr said

    The Reserve Bank has kept the OCR unchanged and says the next move is likely to be down. Find out why in the Governor's statement here.

  • CoreLogic targets turnaround times

    CoreLogic has launched an online platform it claims will help digitise the mortgage approval process and speed up home loan applications.

  • Investor slump continues in February

    The latest Reserve Bank figures show investors borrowed just $886 million in February, down on the same month in 2017 and 2018, as first home buyers narrow the gap.