Two smaller banks have followed the big four in ending their sub-4% special rates, as mortgage rates creep up to more normal levels. 

Morningstar director of manager research, Asia-Pacific, Tim Murphy says it is still committed to the New Zealand market, despite no longer having researchers on the ground here.

It's not unusual that something big drops right on Christmas, and it's happened again this year. MBIE have released a discussion document which goes a long way to answering one of the biggest questions about impeding regulation. How much it will cost.

The Reserve Bank of New Zealand has proposed that banks should hold between 20% and 60% more capital on their balance sheets, a move likely to increase borrowing rates and put more pressure on major lenders.

Fidelity Life says it is bolstering its support for advisers with a range of new appointments.

Mortgage Express has hired Anish Martis as an Auckland-based mortgage adviser, after signing its joint venture agreement with Australian group Astute Financial.

Non-bank lender Resimac is set to change the way it handles customer credit assessments, looking at "credit events", rather than individual listings. The move will make it easier for customers with previous credit issues to access financing.

Complete the 2019 Property Investors' Survey and go in the draw to win a $100 Placemakers voucher.

One of the few AIA faces left in its top ranks after the Sovereign merger is leaving.

Government is exploring its options to allow people with life-shortening conditions to access their KiwiSaver money earlier.

The big question advisers are asking is how much it will cost to be licensed under the new regime. Good Returns can now reveal what advisers are likely to pay.

The Treasury has followed the Reserve Bank and pushed back its prediction for the next OCR hike. The Treasury now expects the OCR will tighten from the 2020/2021 financial year, as New Zealand's major institutions forecast a lower-for-longer rate environment.

Consillium adds an Olympic medalist to its team in a business development role.