Banks should be forced to risk-weight investor mortgages and loans on interest-only terms, according to economists from Kiwibank.

More clients are playing off mortgage advisers against their bank, leading to disputes over fee-for-service charges, says FSCL chief executive Susan Taylor. 

ASB and BNZ have joined their big four rivals in slashing their one year special rates to 2.29%, while Kiwibank has also made cuts, as downward pressure continues in the home loan market. 

NZX Wealth Technologies has won a competitive tender to put Public Trust on its new platform.

Westpac has dropped its prediction for a negative official cash rate due to the red-hot housing market. 

ASB has announced a new look third-party banking team following the departure of long-serving Marc Oliver.

[UPDATED] A highly experienced financial adviser has been found to have breached two code standards by the Financial Advisers Disciplinary Committee.

Australian financial advisers have been given an exemption to operate in New Zealand.

ANZ has followed Westpac in slashing its one year special rate to 2.29%, the joint lowest "big four" rate in the market. 

Economists predict that the red-hot housing market will continue in the near-term, with listings not growing fast enough to meet demand. 

Mortgage Express has hired an ex-Westpac banker as a mortgage adviser in the Manawatu region.