
Low-deposit loan seekers hit hard
Home buyers seeking low-deposit mortgages could find it even tougher to secure funds after Kiwibank said it was suspending new loans.
Home buyers seeking low-deposit mortgages could find it even tougher to secure funds after Kiwibank said it was suspending new loans.
The net population gain from migration hit new highs last month and is seen as a key reason Reserve Bank governor Graeme Wheeler's foot remains closer to the brake pedal.
New Zealand's market watchdog has declined only one financial adviser application since the collapse of David Ross' Ponzi scheme two years ago.
KiwiSaver tax credits cost around $800 million a year but careful analysis by Treasury economists on household finances can find no evidence it has boosted accumulation of wealth.
NZ's services sector expansion slowed from a month earlier, as economic growth moderated from a rapid to a more sustainable pace.
The NZ dollar held near a seven-year high against the yen before services sector and retail sales figures that are expected to show the domestic economy continues to grow apace.
A New Zealand citizen who lost his bank job to a man seconded from India says he is "living proof" temporary migrant workers are stealing Kiwi jobs.
'Did you see that Countdown is selling insurance?" a friend emailed last week. My initial response was: "There's nothing new in that."
A failed Fiji resort development that Bridgecorp directors poured $106 million has today been officially restarted by the island's nation's prime minister.
Auckland house prices have hit a new high and national sales volumes rose 11.8 per cent last month in a big spring resurgence.
Fonterra Co-operative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout.
The Reserve Bank is eyeing measures to discourage speculators from buying multiple houses as it acknowledges its loan-to-value ratio (LVR) restrictions have favoured investors.
The Reserve Bank is eyeing measures to discourage speculators from buying multiple houses - acknowledging LVR restrictions have favoured investors.
At least 4500 kiwis hoping for an end to mortgage restrictions will have to wait longer before they can buy a place, a financier has calculated.
Banking may be increasingly moving online but The Co-Operative Bank is pushing to expand its branch presence, particularly in Auckland.
As ANZ's unionised staff seek a pay rise of 2 - 3 per cent, it's been revealed their NZ boss has enjoyed a solid pay rise of nearly 14 per cent, taking him to $4.7m.
ANZ New Zealand chief executive David Hisco has enjoyed a solid pay rise, with his total remuneration lifting almost 15 per cent to $4.7 million.
The New Zealand share market pushed higher to a new record high at midday today. Here are four reasons why.
I have a super account in Australia with Macquarie, which is doing reasonably well.