GoodReturns | NZ’s financial adviser news-item centre

No loosening of high OCR settings

With unemployment figures expected to increase at the latest data release on Wednesday, don’t expect the RBNZ to loosen OCR settings any time soon, says ASB.

Mon, Oct 30th 2023 10:10AM

Interest payments on mortgages soar

2 min read

Specious arguments from big banks need to be taken down - Habilis

7 min read

Drug destruction proved despite no pre-tenancy test

4 min read

Recovery in mortgage lending expected in next six months

The country’s banks are expecting a significant recovery in demand for mortgages over the next six months if interest deductibility is restored for investors buying rental properties.

5 min read

Recovery in mortgage lending expected in next six months

BTR on cusp of becoming a major housing sector

National’s plans for unlocking the build-to-rent sector as an asset class can’t come soon enough for New Ground Capital, a pioneer of the new style of rental housing.

7 min read

BTR on cusp of becoming a major housing sector

Wealth falls, inflation drops but lower OCR still a way off

Household net worth fell by $33.5 billion in the June quarter, with more than half put down to declining property values, Stats NZ data show.

3 min read

Wealth falls, inflation drops but lower OCR still a way off

Subdued market recovery over past five months

Regardless of politics, the property market’s recovery is still subdued.

3 min read

Subdued market recovery over past five months

Refinancing becoming a hot option for borrowers

As higher interest rates bite, 37% of mortgage advisers say they are getting more inquiries about refinancing.

4 min read

Refinancing becoming a hot option for borrowers

Investors show market return

Over the past two years there has been little bank mortgage lending to investors. However, in the latest Tony Alexander mortgage advisers survey shows investor inquiries are at their highest levels since late 2020.

3 min read

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.

4 min read

Inflation drops lower than predictions

The Reserve Bank may not need to raise the OCR after better than expected inflation figures.

2 min read

Fiscal restraint probably on the table

Financial market volatility may be slightly elevated as coalition negotiations evolve, says one of the major banks. However, Westpac says, the centre-right’s strong performance during Saturday's general election will assuage some uncertainty.

4 min read

Number of borrowers ahead on repayments dips slightly

Despite high interest rates, more than 43% of home loan borrowers are ahead on their loan repayments, compared to 1.4% who are behind and more than 11,000 loans switching to interest only.

3 min read

Number of borrowers ahead on repayments dips slightly

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