Christchurch-based Lifetime Group has done a deal to acquire the One50 Group.

Small-business lender Prospa has seen its lending flourish after drying up at the end of last year due to the Covid-19 pandemic.

There has been a big drop in residential property listings since level four restrictions kicked in last month.

Resimac has had a bumper year in New Zealand seeing its settlements increased by 81% to $434 million in the financial year to June 30.

Non-bank lender Resimac saw New Zealand loan settlements jump to A$405 million in the year to June 30, an increase of 81%, as it promised to "double down" on the development of its broker business.

[UPDATED] NZ Funds, often considered one of the more expensive managers in the New Zealand market has launched a zero fee KiwiSaver fund which will be solely distributed through financial advisers.

Craigs Investment Partners-owned Quay Street Asset Management has appointed a new fixed interest analyst.

Activity continues unabated for most mortgage advisers during lockdown, but there are fears business could slow in the coming months if Covid restrictions continue.

Residential building consent numbers continue to break records, Statistics NZ figures reveal.

Pressure is still being put on house prices, despite the Government introducing policies aimed at dampening the market and the country’s Covid lockdown.

New research from the Reserve Bank suggests borrowers feel the biggest hit from official cash rate increases six months later.