Mortgage interest rates could be pushing 4% by the end of next year – on one and two year rates – and 4.5% into 2023, says CoreLogic.

Monetary stimulus further reduced - Official Cash rate raised to 0.50%

Tower has partnered with Dutch AI-based solution FRISS to automate and accelerate its claims process and help detect genuine and suspicious claims in real-time.

There are still several areas of New Zealand where paying a mortgage is cheaper than renting, but a lot fewer than a year ago.

Fund manager Fisher Funds has bought Aon New Zealand’s KiwiSaver business, adding a billion dollars to its funds under management, although the price isn't being disclosed.

Christchurch-based financial services specialist Consilium has appointed its first chief operating officer.

The Reserve Bank of New Zealand has postponed the implementation date of the interim Solvency Standard for insurers by a year.

Although the Government has outlined details of the new legislation regarding the phasing out of property investors’ interest deductions, the new bill also has other effects for property investors.

The FMA is encouraging DIY FOMO investors to “take a mo” before jumping into an investment.

Fidelity Life has made three new key appointments to its strategic alliances team, boosting the firm’s partner proposition.

The Government has introduced an omnibus bill to Parliament making changes to the restriction of tenancy terminations during alert level four.

Despite various levels of lockdown across the country, average house prices increased by 1.4%, or $13,000 last month.

Global wealth management platform FNZ is feathering its nest and has today acquired the online investment platform Hatch.