New Zealand house owners are selling their properties for a gross 99% profit – the highest on record.

Economists’ house price forecast accuracy is likely to go down in history as being the biggest “miss” of our time.

New aggregator group Kiwi Adviser Network has reached the 100 member mark as it targets advisers who want to take their own FAP licence.

Rents across the country jumped by 10% in the year to July.

Residential construction costs surged 2.2% in the June quarter, surpassing the previous peak of 1.9% in the second quarter of 2017.

Changes to the Credit Contracts and Consumer Finance Act are set to impact borrowers from October 1. Here's what the amended lending rules will mean for clients.

NZX's investment platform Wealth Technologies now profitable and aiming for big targets.

The AML/CFT supervisors have agreed to extend the deadline for submitting AML/CFT annual reports back a month.

Heartland Bank saw its reverse mortgage business grow by 30% last year as more advisers turned their clients onto equity release products.

Despite the Reserve Bank’s forecast actual house prices will starting falling from the third quarter of next year, ANZ Bank economists have a more optimistic view.

Kiwibank has posted a post-tax profit of $126 million for the year to June, helped by an 11% increase in its mortgage lending book.

Reserve Bank assistant governor Christian Hawkesby says a 50-basis point rise was being considered last week.

The new Climate VC Fund, managed by Lance Wigg's Punakaiki Fund, has made its first investment.