GoodReturns | NZ’s financial adviser news-item centre

Rising bank funding costs to put upward pressure on mortgage rates: RBNZ

The Reserve Bank expects that rising bank funding costs will keep putting upward pressure on mortgage rates, even as swap rates in the wholesale market start to fall.

Thu, Feb 29th 2024 07:11AM

RBNZ holds OCR at 5.5%; no cuts until mid-2025

2 min read

OCR 5.50% - Monetary Policy remains restrictive

1 min read

BREAKING: OCR 5.50% - Monetary Policy remains restrictive

2 min read

Insurance an increasing concern for mortgage advisers

One of the biggest challenges emerging for mortgage advisers is insurance.

4 min read

Insurance an increasing concern for mortgage advisers

Christchurch adviser cracks $1 billion mark; ASB cuts key rate

1 min read

Reaching towering levels of sales

Christchurch-based mortgage adviser Sue Clydesdale of Mortgage Express has reached the lofty heights of $1 billion in settled sales.

3 min read

Guardians gets new chair

Company director and investor John Williamson has been appointed as the new chair of the Guardians of New Zealand Superannuation.

1 min read

[OCR forecasts] RBNZ piloting a plane without knowing how hot the engine is running

1 min read

RBNZ piloting a plane without knowing how hot the engine is running

Economists are divided on whether the Reserve Bank will lift the OCR or leave it at 5.5% at its review on Wednesday.

5 min read

RBNZ piloting a plane without knowing how hot the engine is running

MSCI Appoints Head of Australia and New Zealand

MSCI Inc. (NYSE: MSCI), a leading provider of mission critical decision support tools and services for the global investment community, is pleased to announce the appointment of a new head of client coverage for its Australia and New Zealand business.

2 min read

MSCI Appoints Head of Australia and New Zealand

Perpetual Guardian finally gets part of Trustees

Perpetual Guardian has inked a deal to buy Trustees Executors private wealth business.

2 min read

Perpetual Guardian finally gets part of Trustees

Fisher hook Kingfish again

It's probably not a surprise but Fisher Funds has had its management of the Kingfish investment fund renewed.

1 min read

Much higher OCR not impossible - ANZ

Homeowners should consider their ability to service a mortgage that is two to three percentage points above existing rates before taking it on, say ANZ economists.

4 min read

Kiwibank smashes out the home loans

1 min read

[OPINION] Four Steps to Preserve your Family’s Wealth and Legacy

The past half-decade has seen more shifting in the landscape for New Zealand trusts than in the several decades before: the Trusts Act 2019 was introduced and took effect in early 2021 after years of consultation and review, reporting and disclosure requirements for Trusts have increased considerably through the IRD; and now the trustee tax rate is to be raised from 33% to 39% on 1 April (excluding charitable trusts) – effectively an 18.2% rate increase. The rationale is to align this rate with the top personal tax rate of 39% for income above $180,000.

7 min read

[OPINION] Four Steps to Preserve your Family’s Wealth and Legacy

Sales dive to new depths – lending at low DTIs

House sales have plunged to their second lowest level in about 40 years, only 2% up on January’s sales last year, which were the lowest since 1983.

4 min read

Sales dive to new depths – lending at low DTIs

Complaint resolution course grows

A Complaint Response and Management course, launched last year by Massey University’s financial education and research (Fin-Ed) centre and the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) has reached 100 enrolments.

1 min read