Auckland has the fastest-deteriorating housing affordability market globally after the average price of a home leapt $140,000 last year, the latest Demographia Housing Affordability report shows.

TSB Bank is set to slash broker accreditations at group and company level ahead of the new licensing regime.

Online SME lender Prospa has surpassed $100 million in New Zealand loans, hitting its highest monthly levels since inception amid the NZ economic recovery.

NZX Sponsor Participant, Snowball Effect, aims to nurture a strong pipeline of companies for potential future listings.

The Government has instructed the Reserve Bank to take house prices into account when setting monetary policy, marking a significant shift in the central bank's role in the real estate market.

Tauranga-based PMG Property Funds Management has wasted no time in getting down to work with Australia-based listed 360 Capital, which it formed a 50% equity partnership with last week.

Reserve Bank governor Adrian Orr has called on banks to pass on lower interest rates to borrowers, and has a message for lenders: "We are watching."

The Reserve Bank has kept the official cash rate on hold but warned "prolonged monetary support" is needed amid the Covid crisis. Here's how economists responded. 

The Reserve Bank has kept the official cash rate at its record low of 0.25%. Here's what the central bank said: 

Kiwi underwriting agency Delta Insurance Group has expanded its management team to support its global growth plans.

New Zealand banks suffered a 27.57% drop in profits in 2020 because of Covid-19, but still made $4.4 billion, according to a new report published by KPMG.

Good Returns speaks to adviser consultancy groups who say that many advisers are still dragging their heels coming up to March 15.

Simon Angelo says New Zealand needs to look to a European-inspired solution to solve the housing crisis in New Zealand.