CCCFA
BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs
16th Feb 22, 5:59pm
42
BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
14th Feb 22, 8:13pm
33
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
Journalists discuss the protestors at Parliament, the minimum wage rise, inflation, interest rates, the bond market and credit conditions
14th Feb 22, 4:02pm
19
Journalists discuss the protestors at Parliament, the minimum wage rise, inflation, interest rates, the bond market and credit conditions
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
14th Feb 22, 10:37am
6
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
ASB's Vittoria Shortt sees 'clear' impact from credit contracts & consumer finance law changes, says there's no moral attachment to lending decisions
10th Feb 22, 8:12am
88
ASB's Vittoria Shortt sees 'clear' impact from credit contracts & consumer finance law changes, says there's no moral attachment to lending decisions
Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
8th Feb 22, 1:21pm
155
Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
BNPL now a common financial tangle for clients of financial mentors, who feel regulation is required to avoid 'bottom of the cliff' scenarios
5th Feb 22, 9:15am
2
BNPL now a common financial tangle for clients of financial mentors, who feel regulation is required to avoid 'bottom of the cliff' scenarios
Anna Rawlings, chairperson of the Commerce Commission, to step down later this year - search for new chair to begin shortly
4th Feb 22, 11:48am
4
Anna Rawlings, chairperson of the Commerce Commission, to step down later this year - search for new chair to begin shortly
CCCFA bites some finance applications, but still a solid month for new vehicle sales in January as stock levels for some models replenish
3rd Feb 22, 3:43pm
6
CCCFA bites some finance applications, but still a solid month for new vehicle sales in January as stock levels for some models replenish
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
3rd Feb 22, 10:43am
27
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
Centrix questions if we are facing the next great credit crunch, as borrowers face more hoops to jump through
2nd Feb 22, 1:20pm
8
Centrix questions if we are facing the next great credit crunch, as borrowers face more hoops to jump through
MBIE review of new lending rules to report back by April; David Clark suggests impact of CCCFA changes may be exaggerated because some banks weren't complying with the old rules
31st Jan 22, 11:27pm
74
MBIE review of new lending rules to report back by April; David Clark suggests impact of CCCFA changes may be exaggerated because some banks weren't complying with the old rules
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
31st Jan 22, 6:03pm
29
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
30th Jan 22, 6:00am
116
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
Gareth Vaughan makes 5 predictions for 2022 looking at Covid-19, climate change, bank lending, the RBNZ & rising interest rates
22nd Dec 21, 10:15am
152
Gareth Vaughan makes 5 predictions for 2022 looking at Covid-19, climate change, bank lending, the RBNZ & rising interest rates
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
16th Dec 21, 5:00am
69
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
David Hargreaves highlights some of the issues he's looking out for in 2022 and ponders what's looking increasingly like a very unpleasant legacy of the global pandemic
9th Dec 21, 10:03am
148
David Hargreaves highlights some of the issues he's looking out for in 2022 and ponders what's looking increasingly like a very unpleasant legacy of the global pandemic
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
7th Dec 21, 9:12am
39
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
Changes to consumer lending rules from December 1 bring increased requirement to verify borrower information and assess suitability
17th Nov 21, 8:14pm
13
Changes to consumer lending rules from December 1 bring increased requirement to verify borrower information and assess suitability
Commerce Commission finds lenders and car dealers not always upfront about vehicle add-ons
10th Nov 21, 5:41pm
2
Commerce Commission finds lenders and car dealers not always upfront about vehicle add-ons
Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
9th Nov 21, 6:35pm
17
Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
Westpac NZ annual profit bounces back after major reversal in loan impairments
1st Nov 21, 10:23am
9
Westpac NZ annual profit bounces back after major reversal in loan impairments
Class action filed against ANZ and ASB alleging they failed to refund some 150k customers millions of dollars they weren't allowed to take or keep
29th Sep 21, 2:52pm
3
Class action filed against ANZ and ASB alleging they failed to refund some 150k customers millions of dollars they weren't allowed to take or keep
Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
25th Sep 21, 9:41am
2
Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19
9th Sep 21, 5:25pm
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19