Investors will need a 40% deposit to get a mortgage under new rules to be enforced by the Reserve Bank of New Zealand.

A new survey reports small and medium sized businesses are finding it increasingly difficult to get financing from traditional lending sources.

ASB says investor confidence in property has improved but not as much as expected.

A well-established investment fund is being brought to New Zealand in an ETF format by Apostle Funds Management.

ASB is the latest big four lender to introduce strict LVR requirements for investors, following ANZ and BNZ in tightening the rules.

The Financial Services Council has appointed a new head of memberships and partnerships.

The Financial Markets Authority says its guidance on KiwiSaver fees “was never intended to prohibit or proscribe fee level”.

The global reverse mortgage market is set to increase threefold in the next decade, according to new research from advisory firm EY.

Avanti has reduced its near-prime mortgage rate to under 4%, as non-bank lenders offer increasingly competitive loans.

Lorraine Mapu is to replace Mark Hiddleston as managing director of business banking at ANZ.

BNZ has stopped accepting high LVR investor loan applications from the adviser channel, as the lender struggles with "unprecedented demand".

Better-than-expected economic indicators have prompted forecasters to change their predictions for the official cash rate.

Jarden has welcomed five new senior appointments to the group as they invest further into providing leading services to their wealth and asset management clients.