Non-bank lender Prospa has raised $200 million for SME lending on both sides of the Tasman as it capitalises on major banks retrenching from the market.

First Mortgage Trust has promoted an associate business development manager to the role of BDM.

Mortgage rates have hit their low point in this cycle and the next move is up despite the latest Covid outbreak, say ASB economists.

Partners Life chief operating officer Nadine Tereora has left the business after nine months to take up a CEO role.

Nest Home Loans has hired five new faces in Hamilton as it continues to grow its footprint in the Waikato.

The NZ Super Fund has posted its strongest annual return in its 20-year existence but says it doesn't expect those high rates of return to continue forever.

The NZ Super Fund has posted its strongest annual return in its 20-year existence but says it doesn't expect those high rates of return to continue forever.

August’s lockdown threw up some surprising results in the housing market. While sales were down 26.5% from last August, house price growth hit a new record of 31.1% across the country.

Mike Pero Mortgages has welcomed a new franchise owner in Auckland.

New Zealand's largest fund manager and KiwiSaver provider appoints new managing director to replace Craig Mulholland.

The Reserve Bank is likely to stick to its guns and hike the official cash rate by 25 basis points next month despite Auckland's ongoing lockdown, according to ANZ economists.

Customers and advisers working with Cigna New Zealand can now take advantage of the life insurer's latest 'good things come in twos' campaign.

CLSA Premium New Zealand Limited (CLSAP NZ) has been ordered to pay a penalty of $770,000 for breaches of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act.