Luke Longdill joins Makao Investments

Mortgage arrears continue to rise but are still low by historical levels.

The former chairman of the Member Advisory Committee (MAC) – mortgage and lending at Financial Advice NZ is now a board member.

The Reserve Bank says house prices remain near the top of its estimate of sustainable levels and remain “a stretch” for many would-be buyers.

The former chairman of the Member Advisory Committee (MAC) – mortgage and lending at Financial Advice NZ is now a board member.

FMT adds a new business development manager and a head of lending.

AIA NZ appoints new regional sales manager – Northern.

Small business lender Prospa has expanded its offering in New Zealand.

Colleagues of Pathfinder portfolio manager Hamesh Sharma have paid tribute to their teammate following his sudden death.

The Booster Foundation inks five partnerships in first year.

Passive investing revolutionised the investment management industry, which up until its advent, had been dominated by active fund managers who would generally employ market timing or security selection strategies aimed at outperforming the ‘market’.

The ETFs are sector focused investing in Bitcoin, gold and technology. A fourth new ETF tracks the NZX20.

ANZ Bank New Zealand says the government-owned Kiwibank is currently winning a quarter of new home loans and busines loans, proving the Commerce Commission was wrong in concluding Kiwibank has not been playing a maverick role in the market.