Mortgages
Challenger bank adjusts its rate card lower, matching the market as new residential real estate transactions struggle to build to normal Spring volumes
11th Nov 17, 12:41pm
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Challenger bank adjusts its rate card lower, matching the market as new residential real estate transactions struggle to build to normal Spring volumes
Acting RBNZ Governor Grant Spencer concerned about plans to include 'externals' on the proposed new RBNZ monetary policy committee; says the committee needs 'collective responsibility' rather than being 'individualistic'
10th Nov 17, 7:39am
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Acting RBNZ Governor Grant Spencer concerned about plans to include 'externals' on the proposed new RBNZ monetary policy committee; says the committee needs 'collective responsibility' rather than being 'individualistic'
Acting Reserve Bank Governor says the central bank is currently reviewing the LVR restrictions 'and the criteria we would adopt for their removal' and will say more on the subject before the end of the month
9th Nov 17, 11:57am
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Acting Reserve Bank Governor says the central bank is currently reviewing the LVR restrictions 'and the criteria we would adopt for their removal' and will say more on the subject before the end of the month
RBNZ analysis suggests banks would struggle to close the recent gap between deposits and lending through increasing interest rates on deposits - suggests banks may need to curb lending
9th Nov 17, 11:23am
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RBNZ analysis suggests banks would struggle to close the recent gap between deposits and lending through increasing interest rates on deposits - suggests banks may need to curb lending
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; seems more confident housing market will not take off again, sees lower dollar and predicts a slightly earlier start in 2019 to interest rate rises
9th Nov 17, 9:14am
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Reserve Bank leaves Official Cash Rate unchanged at 1.75%; seems more confident housing market will not take off again, sees lower dollar and predicts a slightly earlier start in 2019 to interest rate rises
Influential RBNZ Survey of expectations shows anticipated inflation of 2.02% in two years time, down from 2.09% in August; house price inflation expectations fall
6th Nov 17, 3:22pm
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Influential RBNZ Survey of expectations shows anticipated inflation of 2.02% in two years time, down from 2.09% in August; house price inflation expectations fall
Westpac NZ annual cash earnings climb 10% despite flat income thanks to $135 mln impairment turnaround as dairy farming sector recovers
6th Nov 17, 9:51am
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Westpac NZ annual cash earnings climb 10% despite flat income thanks to $135 mln impairment turnaround as dairy farming sector recovers
BNZ CEO Anthony Healy to return to parent National Australia Bank and be succeeded by NAB executive Angela Mentis
2nd Nov 17, 10:23am
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BNZ CEO Anthony Healy to return to parent National Australia Bank and be succeeded by NAB executive Angela Mentis
NZIER economists urge inclusion of nominal GDP growth in the upcoming review of the Reserve Bank Act
1st Nov 17, 1:06pm
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NZIER economists urge inclusion of nominal GDP growth in the upcoming review of the Reserve Bank Act
New data shows how banks have responded to regulatory signals for capital adequacy, chasing loans on property so hard, now more than 80% of all loans are property-backed
1st Nov 17, 10:08am
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New data shows how banks have responded to regulatory signals for capital adequacy, chasing loans on property so hard, now more than 80% of all loans are property-backed
The country's biggest bank has a 'pretty good' appetite for residential mortgage growth, CEO David Hisco says, is playing a waiting game on proposed UDC sale
27th Oct 17, 11:29am
The country's biggest bank has a 'pretty good' appetite for residential mortgage growth, CEO David Hisco says, is playing a waiting game on proposed UDC sale
New Reserve Bank figures show a pre-election slump in mortgage borrowing similar to that seen before the 2014 election
26th Oct 17, 3:41pm
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New Reserve Bank figures show a pre-election slump in mortgage borrowing similar to that seen before the 2014 election
New Zealand's biggest bank records increased annual profit as income rises while expenses and loan impairments fall
26th Oct 17, 10:03am
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New Zealand's biggest bank records increased annual profit as income rises while expenses and loan impairments fall
Property Institute warns Auckland home owners against reading too much into new council valuations to be released next month; says they will be a 'guesstimate'
26th Oct 17, 8:55am
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Property Institute warns Auckland home owners against reading too much into new council valuations to be released next month; says they will be a 'guesstimate'
With no certainty of capital gains in the immediate future, recent buyers of investment properties may be forced to pay renewed attention to income versus outgoings
24th Oct 17, 2:49pm
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With no certainty of capital gains in the immediate future, recent buyers of investment properties may be forced to pay renewed attention to income versus outgoings
Just as HSBC ends its 3.87% one year 'special, TSB offers a market-leading new 4.79% three year fixed mortgage rate, significantly lower than all its rivals
21st Oct 17, 10:54am
12
Just as HSBC ends its 3.87% one year 'special, TSB offers a market-leading new 4.79% three year fixed mortgage rate, significantly lower than all its rivals
Statistics New Zealand says housing costs increased 50.5% in the past decade, while household income rose just 42%
19th Oct 17, 11:29am
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Statistics New Zealand says housing costs increased 50.5% in the past decade, while household income rose just 42%
With no current Government and no permanent Reserve Bank Governor, there's potential for important decisions regarding housing to be left late
18th Oct 17, 2:37pm
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With no current Government and no permanent Reserve Bank Governor, there's potential for important decisions regarding housing to be left late
Latest ANZ residential property survey finds sharp spike in concern over meth contamination and over LVR restrictions
16th Oct 17, 11:40am
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Latest ANZ residential property survey finds sharp spike in concern over meth contamination and over LVR restrictions
Aussie parents of NZ's big 4 banks seen facing increased risk of mis-selling claims as interest-only mortgage borrowers come under pressure
16th Oct 17, 10:44am
Aussie parents of NZ's big 4 banks seen facing increased risk of mis-selling claims as interest-only mortgage borrowers come under pressure
Westpac launches 4.94% three year fixed home loan rate, lower than all its main rivals, nearly as low as HSBC's three-year 'Premier' rate
13th Oct 17, 8:58am
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Westpac launches 4.94% three year fixed home loan rate, lower than all its main rivals, nearly as low as HSBC's three-year 'Premier' rate
ANZ customers have the highest average loan to income ratio among Australia's banks, Morgan Stanley reveals
11th Oct 17, 10:19am
ANZ customers have the highest average loan to income ratio among Australia's banks, Morgan Stanley reveals
As the rate of mortgage borrowing growth continues to slow sharply, David Hargreaves ponders on what level of growth the RBNZ would be content with
4th Oct 17, 12:50pm
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As the rate of mortgage borrowing growth continues to slow sharply, David Hargreaves ponders on what level of growth the RBNZ would be content with
ASB targets a low 4.39% one year rate opening up a significant advantage over its main rivals. Kiwibank avoids rate changes, offers a free Samoa holiday with every qualifying loan
3rd Oct 17, 6:05am
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ASB targets a low 4.39% one year rate opening up a significant advantage over its main rivals. Kiwibank avoids rate changes, offers a free Samoa holiday with every qualifying loan
A new sub-4% mortgage rate is launched to fire up a flagging Spring selling season. This hot new rate comes just as wholesale rates start to move up again
2nd Oct 17, 7:26am
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A new sub-4% mortgage rate is launched to fire up a flagging Spring selling season. This hot new rate comes just as wholesale rates start to move up again