You can expect the Reserve Bank to hike its official cash rate next week, and floating rates will follow suit. However, what the central bank says and where interest rates will go after next week is less certain.

Former mortgage broker Kerry Buddle has been given a stiff jail sentence.

HSBC no longer has sales targets for its staff, and instead has introduced what it calls a holistic approach to treating clients.

AFAs will be able to complete the Information Return, required under new regulatory reporting guidelines, from August 18.

RE/MAX New Zealand has joined the list of real estate firms which have set up finance arms to assist clients with home loans and insurance.

AMP has bought mid-sized financial planning firm Goldridge, which has about $300 million under management, and added it to is AdviceFirst business.

David Pine, the central region regional manager for Ginger Group, is leaving his role.

In Mortgage Rates Radio this week Philip Macalister talks about bank cash contributions to entie borrowers; the latest home loan rate changes and specials and the launch of a new real estate agent-linked group.

It’s only a matter of time before a registered financial adviser is litigated against for unsuitable advice – and that adviser will likely find him or herself held to the standard of an AFA, a training and compliance provider is warning.