LVR restrictions could be cut by 5%: Kiwibank

The Reserve Bank could loosen LVR restrictions by 5% at next month’s Financial Stability Report, while 10% cut is "possible", according to Kiwibank economists.

Basecorp latest non-bank to target prime customers

Non-bank lender Basecorp Finance has launched a new prime offering for mortgage borrowers, as alternative lenders continue to take market share from the big banks

NZFSG targets car finance growth

Adviser group NZFSG has taken its vehicle and asset financing processing in-house as it aims to ramp up car loan volumes.

KiwiBuild discount favours Auckland, Queenstown: CoreLogic

KiwiBuild’s price cap system will offer the greatest discount on big homes in Auckland and Queenstown, new research from CoreLogic suggests.

Beyond The Banks – Alternative lending options in a restricted market

Sponsored Content - When the bank says NO!

Litigation heals Mike Pero wounds

Just a few weeks ago they were at each other’s throats in court, but now Mike Pero and Mike Pero Mortgages (MPM) have kissed and made up.

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  • Today’s OCR statement

    The Official Cash Rate will stay at 1.75 percent for now, the Reserve Bank has confirmed. Governor Adrian Orr continued to state the next move could be "up or down".

  • Investor activity subdued in August

    August data from the Reserve Bank reveals property investors took a smaller share of overall lending, as first-time buyers also slowed slightly.

  • BNZ joins Kiwibuild buyer battle

    BNZ is rivalling ASB with a special offer for Kiwibuild home buyers, including 95 percent loans for the government-backed homes.

  • OCR to stay at record low: Preview Survey

    New Zealand’s top economists predict the Reserve Bank will hold the Official Cash Rate next week,  as the central keeps a close watch on GDP growth and inflation.

  • No firm call on CGT

    Introduction of a capital gains tax still looks likely but wealth taxes and land taxes are not on the cards, the Tax Working Group’s interim report reveals.

  • How low could the OCR go?

    Economists at lender ANZ believe we could see a 50 to 100 basis point cut in the OCR if the country’s financial data disappoints.

  • AI: Advice's next big disruption

    Forget roboadvice, financial advice could be tipped on its head by the sector’s adoption of artificial intelligence technology, moving power from those with the assets to those with the data.

  • First Auckland price increase in six months

    The Auckland housing market has started to stir with new REINZ data showing it saw its first year-on-year price increase for six months in August.

  • Asset Finance agrees takeover

    Whakatane-based non-bank lender Asset Finance has been acquired by British finance firm Blackstar Capital Group.

  • Southern Cross enjoys strong year

    Peer-to-peer lender Southern Cross has seen its loan book grow by nearly 25% so far this year, as alternative lenders continue to take a bigger slice of the New Zealand market.