GoodReturns | NZ’s financial adviser news-item centre

Surge in migration a double edged sword

Finding good tenants has become far easier since the end of last year, property investors have revealed in the latest Tony Alexander/Crockers Property Management Investor Insights survey.

Thu, Aug 24th 2023 10:36AM

No way CoFi can stay – National

3 min read

Migration helps housing find a floor

4 min read

Loosening CCCFA rules might not be enough

4 min read

Expect interest rate hikes

The key message in the OCR is that the door is open to another interest rate hike, Kiwibank says.

4 min read

National plans to stop banks’ intrusive questions to borrowers

A National-led government will make significant changes to the Credit Contracts and Consumer Finance Act (CCCFA).

3 min read

National plans to stop banks’ intrusive questions to borrowers

Holding on to investment property

While the temptation to sell residential investment property during a market downturn or close to a general political party election may be strong, taking a patient and long-term approach can prove more beneficial.

3 min read

Lift in sales but prices still declining

The winter chill has been taken off the housing market, the latest REINZ data show.

2 min read

Lift in sales but prices still declining

Predictions for this week's OCR announcement

The four main banks predict the cash rate will stay at 5.5% in this week’s OCR review.

5 min read

Predictions for this week's OCR announcement

Bank competition study on services, prices and profits

The Commerce Commission’s focus in its study into bank competition will be personal banking and mortgage lending.

5 min read

Bank competition study on services, prices and profits

No recession but tough times remain

Westpac’s latest Economic Review paints a gloomy picture of the country’s economy.

5 min read

Fatigued finance sector wondering about another CCCFA review

Another review of the controversial Credit Contracts and Consumer Finance Act (CCCFA) is to be carried out.

5 min read

Fatigued finance sector wondering about another CCCFA review

Life insurers well placed if shocks hit their industry and economy

The Reserve Bank’s first life insurance industry stress test shows the biggest insurers will be able to withstand severe economic and insurance shocks, while continuing to pay out on policy claims.

3 min read

Life insurers well placed if shocks hit their industry and economy

Wages rises and number of houses available biggest influences on rents

A 1% increase in wages leads directly to a 1% increase in new tenancy rents, while a 1% increase in the average number of people in each home, leads to a 1.5% rise in rents nationally, says a new paper released by the Reserve Bank.

4 min read

Wages rises and number of houses available biggest influences on rents

Downturn slowly running out

The bottom of the housing market beckons, with the nation’s three-month rolling rate of decline dropping for the fourth straight month.

12 min read

Sales numbers lift from the doldrums but prices drop slightly

Auckland’s average sales price retreated a little, to $1,067,070, down 2.8% last month compared to June, Barfoot & Thompson data show.

3 min read

Sales numbers lift from the doldrums but prices drop slightly

Bigger claims can be considered by IFSO scheme

The IFSO Scheme can now investigate complaints about insurance claims, credit and other financial services/products up to $350,000+GST, or $2,625+GST per week for regular payments.

2 min read