KPMG examines three high profile stand-alone internet or direct banking operations and gives a report on their success (or otherwise).

KPMG examines the three high profile players active in New Zealand in 2000 as stand-alone internet or direct banking operations, for all of whom home loans are the staple diet, and finds none are yet profitable.

KPMG says mortgage lending is arguably the most competitive part of the financial services industry in New Zealand.

The National Bank is calling for the Reserve Bank to cut interest rates further in the wake of its latest monthly survey which shows business confidence halved from March.

Although central banks both overseas and in New Zealand are cutting interest rates and floating mortgage rates are also coming down, fixed-term mortgage rates have begun rising again.

The bargains everybody's supposed to get at The Warehouse may very soon extend to getting your mortgage from a red shed near you.

New Zealanders are taking advantage of the current lower interest rates

New home loan tendering service Loan Surf catches its first waves.

Belgrave Finance is aiming to capture more conservative investors in the wake of the collapses of four finance companies with the launch of a new product shortly.

Equitable Mortgages has already raised $14 million through its latest prospectus and has therefore cut the interest rate it is offering to limit its funds inflow.

Australia continues to be the lucky country but the New Zealand economy is in for a tough time,  according to British-based economist Andrew Hunt.