In a first for the regulator the Financial Markets Authority has cancelled a fund manager's licence.

Westpac and ANZ economists have become the latest to predict an increase in the official cash rate in November, as strong economic data prompts forecasters to change their tone.

Westpac New Zealand chair Jan Dawson will retire on October 1, to be replaced by director Pip Greenwood. 

ASB economists predict the official cash rate will begin to rise from November, as the economy runs hot and inflationary pressures grow. 

BNZ and Westpac have no plans to introduce cheap variable rate loans for new builds, despite their big four rivals launching aggressive offers in recent weeks.

The onset of winter and the new regulations aimed at making home buying less attractive to investors did not dampen the price, or the number of Auckland houses sold in June.

An Upper Hutt landlord has been reminded fixed term tenancies are exempted from the new laws on some grounds – Tenancy Tribunal admits they’re “confusing”.

First Mortgage Managers, the operator of non-bank lender First Mortgage Trust, has named Tony Kinzett's successor as the current boss nears retirement.

Mental health is a huge issue facing financial advisers currently. AIA chief partnership officer Sam Tremethick talks about work the company is doing to help advisers.

As New Zealand continues to recover from the global pandemic, now is an opportune time for businesses to focus on growth.

There is speculation across the Tasman that Australian bank, Macquarie, is interested in acquiring AMP Capital in New Zealand.