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Banking and finance news

Bank switching among mortgage holders hits record high
Floating or going short term makes it easier for borrowers to change bank.

Property Insider: Questions about ‘defective’ apartments
How can it be that 19-year-old apartments need $36.6m repairs or $82m rebuilding costs?

Mortgage wars: Another major bank cuts home loan rates as competition heats up
Kiwis can now get 5.99% six-month rates from three major banks.

Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.

‘Full throttle’ - IRD steps up January liquidations for unpaid tax
Inland Revenue confirmed a busy start to the year with the number of court applications.

One crucial word was missed from NZX announcement: Summerset CEO
A word can change a meaning and that was the case with the NZX statement on Tuesday.

Kiwis making big waves across the ditch: NZ’s top expats in Oz
As more Kiwis head to Australian shores, our successful expats show how far we can go.

Bluestone Home Loans sold to ASX-listed Challenger for $597m
Challenger told Bluestone clients with direct debits that nothing would change for them.