Kiwibank has cut its floating rates for construction loans, following a u-turn by the Reserve Bank.

Westpac is the first bank to split its full mortgage card to above and below 80% LVRs and has dropped its standard floating rate to what it calls a "market leading" 5.64%.

Ralph Stewart's New Zealand Income Guarantee announces new staff.

The Reserve Bank says although it is trying to be more open about what it is doing and its views on future interest rates many people aren't listening.

Home loan approvals have reached a post-LVR rule high, Reserve Bank data shows.

[UPDATED] A new initiative designed to raise the level of financial literacy in New Zealand has the backing of financial advisers – but most will not be involved directly.

Westpac is offering a cash incentive to potential first home buyers as well as preferential treatment and special rates.

Economists don’t expect an interest rate increase from next week’s official cash rate announcement, but they are hedging their bets when the rise will come.

One of Plus4's founders has stepped down from the board and been replaced by a Hamilton-based insurance adviser.