Two major banks have both dropped interest rates and raised deposit rates, in response to yesterday’s official cash rate cut.
A major bank may close up to 19 of its branches across the country as a result of rising online transactions.
Two more banks have followed ANZ and cut rates after today's cash rate drop
New Zealand central banker Graeme Wheeler is going to need more than a plain-vanilla rate cut if he wants a weaker local currency.
Australia's Prime Minister announced the country's major banks will face regular scrutiny from a parliamentary panel, amid growing public disquiet about the lenders’ practices.
A self-made multimillionaire and author of ‘Invisible Millionaire’ has slammed the Reserve Bank for insisting on ‘prohibitive’ deposits from first time buyers and landlords.
Property prices continue to increase around the country. How will brokers serve first-home buyers under current LVR rules?
Wellington mortgage broker got calls from clients on New Year’s Day
The Treasury commissioned RBNZ review finds strong case for reform, BusinessDesk