New Zealand appears to be flinging open the immigration doors again.

The average interest rate being paid across all mortgage debt could remain higher than existing levels throughout the next five years, says Infometrics.

The Government has had a third go at fixing the rules around the Credit Contracts and Consumer Finance Act (CCCFA).

ANZ Bank is first big bank to move interest rates following the Reserve Bank's move last week to increase the OCR by 0.50% to 5.25%.

A number of small non-bank deposit takers have told Parliament’s Finance and Expenditure Committee they are worried the Deposit Takers Bill will subject them to a disproportionate and highly onerous level of regulation and force them out of business.

Not so long ago, small business owners with no property had little or no access to business funding, making it almost impossible for them to invest in the resources they needed to grow and succeed – to make business happen.

After the Reserve Bank’s 50 basis point rise in the OCR to 5.25%, CoreLogic says the change to mortgage interest rates is likely to be limited.

Australia and Canada may have paused their cash rate increases but that has not deterred our central bank.

The Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent.