GoodReturns | NZ’s financial adviser news-item centre

Changes can’t come fast enough

Mortgage advisers are keen to see if the incoming government will scrap or make changes to the CCCFA within its first 100 days.

Wed, Oct 18th 2023 11:40AM

Inflation drops lower than predictions

2 min read

Fiscal restraint probably on the table

4 min read

Number of borrowers ahead on repayments dips slightly

3 min read

New code for debt collectors

A Responsible Debt Collection Code has been launched by the Financial Services Federation (FSF).

3 min read

Beyond wealth – financial planning works

New Zealanders who work with a financial planning professional are better off, a new study shows.

3 min read

Beyond wealth – financial planning works

Book aimed at small businesses

Mortgage adviser Deepesh Chaudhary has turned his hand to helping small businesses.

4 min read

Housing market turns but big bounce not expected

Growth in the property market is on the way up although at a gentle place.

13 min read

Housing market turns but big bounce not expected

Will repealing the CCCFA be enough?

Borrowers appear to be coping as mortgages roll off lower to higher interest rates. Centrix August data show the number of home loans in arrears fell for the third consecutive month to 1.25%, down from 1.26% in July.

5 min read

Inflation war will be won but at what cost?

As expected the RBNZ has left the OCR at 5.5% as it fights to bring inflation into the 1-3% range.

3 min read

Inflation war will be won but at what cost?

Finance difficulties don’t stop house buying

Newly self-employed people, renters, those with some business or credit blips and others needing a higher LVR are increasingly looking to mortgage advisers and non-bank lenders for help.

3 min read

Finance difficulties don’t stop house buying

Flood of new investors unlikely even if Government changes

8 min read

Higher top-up tax looming if Government doesn't change

Whether National or Labour is elected in a fortnight’s time, chartered accountant and tax specialist Matthew Gilligan of Gilligan Rowe & Associates says tax rules will change.

4 min read

Higher top-up tax looming if Government doesn't change

Loosened LVRs push up mortgage lending

Part of the early-stage recovery in the housing market comes from loan-to-value ratio rules being loosened in June.

4 min read

Not enough awareness and understanding of non-bank lending

Mortgage adviser Jeff Royle, a significant player in the non-bank sector, says he has never come across a country so obsessed with interest rates.

3 min read

Not enough awareness and understanding of non-bank lending

New Zealand’s next top town

Using Stats NZ’s urban-rural area classification, Infometrics has looked at New Zealand’s larger towns and cities and how they are projected to change.

4 min read

Mortgage lending on all properties thaws out

For the first time this year the value of new mortgages for home buyers was higher than the same month last year.

2 min read

Mortgage lending on all properties thaws out

OCR – November hike or May cut

While the OCR is expected to hold at 5.50% at next month’s OCR review, at least three banks – ANZ, Westpac, HSBC – believe it will rise to 5.75% at the November RBNZ meeting. That’s despite the Reserve Bank’s indication it is not expecting to hike further in this cycle.

4 min read