Another major bank has followed Westpac and ANZ in tightening its lending criteria to overseas borrowers and also made a rate cut to its three-year special.
Two major banks have announced an increase in their lending restrictions to foreign buyers.
New Zealand’s dollar surged to the highest level in a year as the prospect of continued central bank inaction at home and in the U.S. burnished the smaller nation’s interest-rate premium.
The rise in digital banking is causing a power shift from banks to customers, a major bank says.
Six advisers have joined the SHARE network... CANSTAR rate changes update...
New Zealand’s increasing allure is proving a headache for its finance minister.
More than half of Kiwis with a mortgage appear confident in their ability to cope with interest rate rises, a new survey reveals
The Reserve Bank says the finance sector, regulators and other authorities all have a part to play in tackling the threats
The FMA has completed its first survey of consumers’ experience of financial advisers’ conduct