27

The Reserve Bank of New Zealand has issued its strongest warning yet that it needs to limit the growth of high loan to value ratio mortgages to cool an over-heated housing market read more

The Reserve Bank of New Zealand is planning to create Monetary Policy Committee, although the final responsibility for decisions on the official cash rate OCR will still rest with the RBNZ's governo.. read more

CBA's ASB, which was the first New Zealand bank to open a 'branch' on Facebook, has launched a weekly promotion on Facebook where users can 'like' a campaign to win one low interest rate mortgage. read more

The campaign to launch multiple class action law suits against New Zealand's banks over cheque dishonor and overdraft exception fees lodged its first legal action against ANZ in the High Court in Au.. read more

The New Zealand government will next week launch a new official electronic identity service that will allow banks and insurers to verify customers details safely online. read more

@font-face { font-family: "ＭＳ 明朝"; }@font-face { font-family: "Cambria"; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-fam.. read more

Lawyers campaigning to build Australian-style class action lawsuits against banks in New Zealand over exception and dishonour fees have announced they will file legal action against ANZ next week ov.. read more

New Zealand Prime Minister John Key is pushing to carve out first-home buyers from the Reserve Bank of New Zealand's plans to limit growth in high loan-to-valuation ratio mortgage lending. read more

The Reserve Bank of New Zealand has issued a fresh consultation paper with even sharper view on "speed limits" for high loan-to-valuation ratio mortgage lending. read more

Heartland New Zealand has announced a NZ$18 million write-down of bad real estate loans inherited from when it was formed in 2011. read more