SBS Bank’s annual net profit fell nearly 15%, reflecting a big jump in dividends on its redeemable shares and a more than doubling of charges against profit for bad debts.

Auckland households need to earn a whopping $219,000 to repay the mortgage and avoid financial stress.

Sir Ashley Bloomfield has joined with Southern Cross to promote good mental health and wellbeing for tamariki.

The life insurance industry is grappling with stragglers who failed to meet the mid-March deadline for achieving Level 5 of the New Zealand Certificate in Financial Services,

Milford Asset Management has appointed a new lead portfolio manager for its trans-Tasman bond fund and its global corporate bond fund.

AIA  has been awarded the Accessibility Tick in recognition of its demonstrated commitment to accessibility, neurodiversity and disability inclusion.

Following the sale of Partners Life to Dai-ichi, founder and managing director Naomi Ballantyne outlines her future plans.

The Reserve Bank has confirmed its proposal to ease mortgage loan-to-value ratio (LVR) restrictions.

Squirrel Mortgages has partnered with residential developer Avant and iwi Te Ākitai Waiohua to offer a discounted two-year mortgage rate of 3.95% to eligible buyers at Wirihana, a development in Auckland’s Wiri suburb.

Reserve Bank governor Adrian Orr rejected the suggestion by Act Party leader David Seymour that the monetary policy committee (MPC) is divided.

Merx has offered business and property lending solutions for over ten years, and more recently launched a wholesale investment fund. Managing Director Andrew Dunning shares the backstory to the Merx Wholesale 1 PIE Trust and what it offers wholesale investors.

BNZ says the tenor of the RBNZ’s Monetary Policy Statement yesterday has helped depoliticise the bank’s actions.

nib NZ is unveiling a new group life and trauma insurance product aimed at employers with 15 or more staff at roadshows around the country.