Retail sharebroking firms are taking different approaches to the mortgage business.

Kiwibank chief executive Sam Knowles says that banks with floating rates of 8% are making excess profits.

People have opted for houses instead of shares, because of poor market returns.

Houses are becoming less affordable, but the market is still positive, surveys show.

WestpacTrust sets its floating rate at the extreme upper limit.

ANZ Bank’s $300 million bond issue, which opens today, is unique in several respects.

The Reserve Bank has raised its Official Cash Rate (OCR) from 5.5% to 5.75%, but has also signalled that further increases are less likely than it was indicating in May.

The Reserve Bank has raised its official cash rate (OCR) from 5.5% to 5.75% but has also signalled that further increases are less likely than it was indicating in May.

Retail sharebroking firms are taking different approaches to the mortgage business.

Markets betting on the Reserve Bank raising interest rates this week, and in its subsequent review.

Housing consents hit highest monthly level ever.

A Massey University survey reveals why New Zealand's home ownership rate is falling.

Many financial planners are facing a major business issue in that their traditional client base is dying off, according to James Turnbull, manager of Macquarie Adviser Services.