NZ launches property tax crackdown 19 May 2015 4:04PM The New Zealand Government has launched a crackdown on residential investment property traders in an attempt to help the Reserve Bank of New Zealand control runaway house price inflation in Auckland. read more
RBNZ targets Auckland landlords 14 May 2015 3:55PM The Reserve Bank of New Zealand has refocused its restrictions on high loan to value ratio mortgage lending to target Auckland rental property investors as it grapples with the financial risks of annu.. read more
BNZ profit rises with margins 08 May 2015 4:05PM National Australia Bank's New Zealand unit BNZ has reported a 4.5 per cent increase in first half profit after it grew its net interest margin by more than its rivals and held cost growth down to just.. read more
ANZ NZ growth still solid 06 May 2015 4:03PM ANZ's New Zealand division continued to produce solid underlying profit growth in the first half as it grew market share in mortgage lending and deposits, while also increasing its net interest margin.. read more
Westpac NZ eyes capital increase 05 May 2015 3:54PM Westpac New Zealand estimates it could need an extra NZ$100 million in capital under new requirements being worked on by the Reserve Bank of New Zealand in an attempt to slow lending to landlords. read more
RBNZ adopts easing bias 01 May 2015 3:56PM The Reserve Bank of New Zealand has formally adopted an easing bias and has removed its previous talk of possible future hikes in its Official Cash Rate, which was held unchanged at 3.5 per cent. read more
NZ lending growth surges in March 01 May 2015 3:55PM Reserve Bank of New Zealand measures of credit growth found business lending grew at an annual rate of 7.3 per cent in March, which was up from a 4.7 per cent rate in February and the fastest growth i.. read more
RBNZ calls for tax help on investor loans 16 April 2015 3:52PM The Reserve Bank of the New Zealand has taken the unprecedented step of directly calling on the Government to help it control unsustainable inflation in the Auckland housing market by reducing the tax.. read more
BNZ returns to mortgage broker market 16 April 2015 3:51PM National Australia Bank's Bank of New Zealand has announced it is returning to offer mortgages through brokers for the first time in more than ten years. read more
NZ's Semble launches mobile wallet 01 April 2015 4:57PM The closely-watched consortium of New Zealand banks, mobile phone companies and the country's main payments network has formally launched its integrated mobile wallet to almost a million Android phone.. read more