LVR rules could be permanent: Bascand

LVR restrictions on mortgage lending could be a "permanent setting", according to Reserve Bank deputy governor Geoff Bascand.

I hope you can help me fundraise $20,000 to help mend broken hearts

The Co-Operative Bank chief executive David Cunningham is aiming to fundraise $20,000 to help mend broken hearts. Here's his message:

BNZ finds partner for shared ownership scheme

BNZ has partnered up with finance company YouOwn on a shared ownership scheme aimed at first home buyers.

Capital rules to have minor impact on interest rates: RBNZ

The Reserve Bank believes its capital adequacy proposals will only have a "minor impact" on borrowing rates, amid fears they will cause rates to increase significantly.

Key RBNZ changes edge closer

The Reserve Bank has moved closer to putting its "dual-mandate" employment and price stability objectives into law, and has taken further steps to establish a Monetary Policy Committee to make key decisions.

HSBC drops rates to 3.95%

HSBC is the latest lender to drop rates, cutting its one, two and three year interest rates to 3.95%

More stories
  • Westpac given all-clear on capital

    Westpac New Zealand has retained its accreditation to use its own capital model after completing a "remediation process" enforced by the Reserve Bank.

  • LVR rules could be permanent: Bascand

    LVR restrictions on mortgage lending could be a "permanent setting", according to Reserve Bank deputy governor Geoff Bascand.

  • Key RBNZ changes edge closer

    The Reserve Bank has moved closer to putting its "dual-mandate" employment and price stability objectives into law, and has taken further steps to establish a Monetary Policy Committee to make key decisions.

  • HSBC drops rates to 3.95%

    HSBC is the latest lender to drop rates, cutting its one, two and three year interest rates to 3.95%

  • Royal Commission report due on Monday

    The final report from Australia's Royal Commission into the financial services sector is due to be published on Monday afternoon.

  • Sub-4% rates over for SBS, TSB

    Two smaller banks have followed the big four in ending their sub-4% special rates, as mortgage rates creep up to more normal levels. 

  • HSBC one year rate down to 3.79%

    HSBC has cut its special one year fixed mortgage rate to 3.79%, as lenders dive in to the low interest rate environment.

  • D-day looming for bank conduct report

    The Financial Markets Authority (FMA) and Reserve Bank will be releasing their report into bank conduct and culture in New Zealand banks on Monday.

  • KiwiBuild extends to Mt Albert

    The Ministry of Housing and Urban Development is building 18 new KiwiBuid apartments in Mt Albert, Auckland, as the government-backed housing scheme ramps up.

  • Kiwibank changes special

    Kiwibank has decided to raise rates for its 2 year fixed term loan by 16 basis points.

Most Read

Get TMM delivered to your inbox each week

Sign Up