Loan Market chairman Sam White has called for sweeping reforms for Australian advisers and would welcome moves to rid the New Zealand market of "bad actors", in the wake of the Australian Royal Commission into financial services.

Adviser group Kepa has appointed Rupert Gough, the founder and chief executive of Auckland-based adviser Mortgage Lab, as its Head of Home Loans.

Non-bank lender RESIMAC has introduced rate cuts and new products for the self-employed as it targets more business rejected by the major banks.

The newly-appointed head of Kepa Home Loans says the group is ready for the incoming wave of industry regulation facing mortgage advisers.

William Cairns, the co-founder of General Finance, has outlined plans to take a bigger slice of the non-bank lending market with Emortgage, another business founded with partner James Lockie.

Non-bank lender RESIMAC has unveiled a series of interest rate cuts on its home loan products after experiencing record growth in April. 

A faulty loan calculator used by ANZ three years ago caused 100,000 customers to be under-charged interest on home, personal, and commercial loans, it has emerged.

The New Zealand Bankers' Association has rejected comparisons between the New Zealand and Australian banking sectors in the wake of the Royal Commission into Australian financial services, outlining reforms to “maintain public trust”.

Economists at Westpac say the recent uptick in mortgage lending for owner-occupiers and property investors is likely to be “short-lived”.

Asteron has launched a “one stop shop” Mortgage and Living insurance product that allows customers to tailor their coverage mid-contract.

Mortgage lending to property investors, first-time buyers, and other owner occupiers rose in March, according to figures published today by the Reserve Bank.

The Reserve Bank of New Zealand's new governor believes restrictions on loan to value ratios will be a “permanent tool” for the central bank.

Investors have crept back into the New Zealand market after a tough January, lender ANZ says.

The two industry veterans behind Mortgage People, Carey Brunel and Glenn Christie, have launched a new online mortgage adviser and price comparison site.

A new survey from Westpac claims 74 percent of 18-24 year-olds plan to dip into their pension pot to buy a first home.

The Reserve Bank will not drastically change its monetary policy after adding employment outcomes to its price stability targets, RBNZ Assistant Governor John McDermott said in a speech today.