A 46-year-old adviser has become Loan Market's latest Billion Dollar person, despite running his brokerage from afar for the last several months.

Speculation is mounting that the retiring commerce minister, David Clark, will be replaced in next year's cabinet reshuffle. But who could take over?

A long-standing mortgage adviser who heads iLender Mortgages has an optimistic message for Christmas which contrasts with the prevailing gloom.

Breaches of privacy could become much more costly in future.

Breaches of privacy could become much more costly in future.

New figures from research by ASB Bank show households staggering under the pressure of rising interest rates.

The financial community will be watching closely to see if the predicted departure of their most significant cabinet minister goes ahead as is thought likely.

Kiwibank is raising the commission it pays to mortgage advisers.

FMA CoFI guidelines suggest large financial institutions will be required to keep an eye on advisers who do work for them under contract.

New research suggests some people don't need to wait for next year's recession to feel bad about their economic conditions.

SBS Bank is being looked at by the Commerce Commission on matters relating to the Credit Contracts and Consumer Finance Act (CCCFA).

The interest rate agony being heaped on borrowers could ease slightly sooner than was earlier thought, according to bank economists.

Economists say the Reserve Bank's (RBNZ) base interest rate hike was as expected for now, but its forecasts for the future were a surprise.

Mortgage advisers have been told to make sure borrowers fully understand that they can be subject to a clawback fee if a bank loan is paid back early.

Mortgage advisers planning to quit the business when full licensing becomes mandatory under the FAP regime are being advised to check their loan books carefully if they want to get good proceeds from a sale.

The Minister of Commerce and Consumer Affairs has mounted a strong defence of the Credit Contracts and Consumer Finance Act (CCCFA) but he won little traction from his audience.