ASB Bank has introduced debt to income ratios as a secondary test of borrowers' income, as lenders change their processes after Covid-19.

Pepper Money will keep paying trail to advisers with Covid-19 affected clients until the end of next year.

Heartland has slashed its online floating rate to 2.5% – the lowest variable rate on offer in New Zealand.

Economists expect the Reserve Bank to leave the official cash rate unchanged this week, but suggest more support is on the way for lenders, individual borrowers and businesses.

The competition watch dog in the United Kingdom has ordered FNZ to sell fellow software company GBST - a year after it bought the business.

The FMA has released the long-awaited standard conditions for the licensing of financial advice.

Cash backs are returning to pre-Covid levels across the main banks, advisers say, amid strong competition for high quality borrowers in the housing boom. 

Non-bank lender reaches a significant milestone, cracking the $1 billion barrier of investor funds now under management.

A recent PwC report has shown that investment in deep tech and SaaS companies has kept investment in NZ startups steady compared to this time last year.

Structuring the ownership of a property portfolio is rarely the first – or even the second - thought for new investors. But it should be, argues property accountant Anthony Appleton-Tattersall*.

ASB has become the latest bank to send adviser home loan applications to branches for completion, as it tries to reduce a backlog of deals.

New FMA appointments to specialist roles in fintech and integrated financial systems reveal the regulatory agency is looking closely at tech.