Banks are in a stand off at the moment seeing who will blink first and raise their home loan rates.

Now that the Reserve Bank has started the hiking cycle, July and September Official Cash Rate (OCR) hikes are almost certain with late 2010 and early 2011 hikes dependant on global developments according to ANZ.

TNP has announced that Chris Coon, Derrick Abbott and Jonathon Cron will join the TNP board of directors.

The head of ANZ and National Bank's specialist broker distribution channel, Paul Munt is returning to Australia.

OCR hike unlikely to filter into higher deposit rates; Dorchester Pacific to accept oversubscription in capital raising; Geneva Finance to make September repayments this month

More advisers sign up for professional development; Kerr buys van Eyk stake; IFA gives finPRO the big tick

Andrew South is returning to the Brook Asset Management fold as investment manger, after having previously worked for the company between 2004 and 2008.

Eleventh hour substantial repairs have been made to the legislation governing financial adviser regulations.

Sovereign is cautioning its financial advisers to resist the temptation to scale back their qualifications following a proposed easing of regulation requirements.

Mortgage brokers will avoid the burden of most financial adviser regulation provided they stick to their main line of business.

There will be plenty of cash left over for Allied Farmers if the conditional sale of Five Mile’s second stage in Queenstown goes through.