The Reserve Bank's Funding for Lending Programme makes aggressive official cash rate cuts less likely, according to economists. 

Loan Market has hired a senior figure from ANZ as its new chief executive, replacing industry veteran Brian Greer who is stepping down from his role.

ANZ has followed ASB in bringing back deposit requirements for investors, after the Reserve Bank's u-turn on LVR speed limits.

The sale of Westpac NZ’s wealth advisory business to Forsyth Barr has been confirmed by the two organisations after weeks of speculation from the industry.

The head of third party distribution at one of the big four banks has decided to retire after years in the role.

ASB has announced an immediate reinstatement of loan-to-value restrictions on investors, ahead of the Reserve Bank's consultation to reimpose them next March. 

The free event, happening November 17 both online and in-person, will be a chance for advisers to see the FMA’s full licence application guide.

Actuary firm provides interesting data around the death rates, but this doesn’t seem to be affecting claims . . . yet

Loan to value ratio restrictions are poised to return in March, but advisers are divided on whether it is a positive or negative move by the Reserve Bank.

RBNZ governor Adrian Orr said the central bank has "no regrets" on scrapping loan to value ratio restrictions, despite a U-turn to reimpose the limits.

Economists are divided on whether the Reserve Bank will need to cut the official cash rate further after it launched a new funding programme to push down interest rates. 

The Reserve Bank has made its latest official cash rate decision. Here's what the central bank said:

The Reserve Bank plans to reintroduce loan to value ratio restrictions on mortgage borrowers from March next year following a surge in the housing market.