In Mortgage Rates Radio this week Philip Macalister looks at some the latest home loan pricinig from ASB and also talks to Loan Market broker Bruce Patten who has now written more than $1 billion worth of loans.

ASB (and its related lenders) have increased some short term home loans while lowering longer term ones.

Strong flows of retail money into bank term deposits has reduced the banks’ incentive to pay higher interest rates, the Reserve Bank says.

Advisers say the faces they deal with at MBIE keep changing.

Labour’s proposal to increase KiwiSaver contributions is a welcome move, the Financial Services Council says.

The Financial Markets Authority has released its guidelines for organisations wanting to apply for a DIMS licence and says it is flexible enough to deal with all types of advisory firms.

Sovereign has lost its last bid to appeal a long-running dispute with Inland Revenue and must pay the department $82 million.

New Zealand’s lack of regulation of financial advisers was made clear in the global financial crisis, the Financial Markets Authority’s chief executive says.