Kiwibank grew its mortgage book at 2.7 times the rate for banks as a whole and says that's one of the reasons it is “fulfilling our role as a disruptor.”

Mortgage advisers are rejecting the Commerce Commission's recommendations that they should place more emphasis on price and that they should be submitting applications to multiple lenders for the same home loan.

Property investors will be back in the market next year, even as house prices rise by 5-7%, Kiwibank says.

Mortgage advisers should put greater emphasis on price while lenders need to improve and standardise their mortgage application systems, the Commerce Commission says.

ASB chief executive Vittoria Shortt tells TMM how much business advisers generate for the bank and why she isn't interested in chasing market share.

In 2019, BNZ launched BNZ KiwiSaver Scheme Navigator (Navigator), a tool for their bankers to use to help customers see what a difference small tweaks could make to their BNZ KiwiSaver Scheme investment.

New Zealand SMEs are adapting their financial strategies to stay afloat amidst mounting economic pressures.

The government’s banking competition inquiry will explore whether Reserve Bank capital requirements on banks are unnecessarily increasing borrowing costs and discouraging newcomers.

Falling interest rates should affect the economy faster than in previous easing cycles, assistant Reserve Bank governor Karen Silk told parliament's finance and expenditure committee.

Southern Cross Health Insurance (SCHI) has revealed key policy updates which will be effective from 22 October 2024.

The five largest banks all rushed to cut their mortgage interest rates after the Reserve Bank cut its official cash rate (OCR) for the first time since March 2020.