Auckland-based mortgage adviser Kris Pedersen can’t understand why Resimac left the market.

MDRT country chair Rick Willis led one of the biggest contingents of New Zealand advisers to the association's annual meeting in Vancouver last month. He talks to GRTV about the trip and how MDRT changed his life.

Nobody expected the Reserve Bank to do anything other than hold its official cash rate steady at 5.5%, and that's exactly what it has just done.

The Monetary Policy Committee today agreed to maintain the Official Cash Rate at 5.50 percent.

Borrowers taking out mortgages for six months rose to a new high in May, in anticipation of interest rate cuts soon.

The Reserve Bank is not expected to give a dovish tilt at its Monetary Policy Review supporting the markets recent pricing of a 60% easing of the OCR in October with about 38 basis points priced in by the end of the year.

Newton Ross, now part of Alvarium, has gone live with NZXWT’s technology platform.

KiwiSaver fees are lower than fees charged on comparative funds in Australia and the United Kingdom.

ASB is joining Kiwibank in expecting OCR cuts starting from November this year.