Loan-to-value speed limits, if implemented as the Reserve Bank has indicated, would present quite a step change for any bank, says ASB chief executive Barbara Chapman.

If Reserve Bank “speed limits” on high loan-to-value lending are going to have an impact, they will need to come in before the Government introduces its changes designed to get more first-home buyers into properties, an economist  says.

The Reserve Bank has released its response to submissions following its public consultation on the framework for restrictions on high loan-to-value ratio (LVR) residential mortgage lending.

The former chairman of the Financial Planning Association (FPA) in Australia has now taken the top seat at the board of the IFA.

Dorchester Pacific shareholders will be asked to allow an early conversion of notes to give its two main shareholders, Business Bakery and Hugh Green Investments, control of the firm at the annual meeting next month.

General Finance has reported a significant increase in lending over the past year.

MDRT has a new chairman in New Zealand and has set some new goals for advisers and members.