GoodReturns | NZ’s financial adviser news-item centre

Clawbacks could sneak onto ComCom agenda

The vexed issue of clawbacks might form part of the industry meeting with the Commerce Commission over remarks that have rubbed mortgage advisers up the wrong way.

Tue, Apr 2nd 2024 10:34AM

Potential FAMNZ members in waiting game

2 min read

TMM - News

Mortage advisers get the ear of Com Com

3 min read

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

1 min read

Interest rate expectations: It’s not over yet

Most Kiwis think interest rate increases have peaked.

3 min read

Interest rate expectations: It’s not over yet

RBNZ cries wolf – Kiwibank

Economists will be keeping their eyes on today’s release of the RBNZ’s survey of inflation expectations as financial markets price in an OCR rise either this month or April.

3 min read

Non-bank lenders a pimple on the backside of the market

Fears by the main trading banks about losing customers to non-bank lenders if DTIs are introduced are rubbish, says John Bolton, Squirrel Mortgages’ founder.

6 min read

Non-bank lenders a pimple on the backside of the market

DTIs will have no significant impact on house prices immediately

The Reserve Bank doesn't expect its proposed DTI restrictions to have a significant impact on house prices in the short-term.

4 min read

DTIs will have no significant impact on house prices immediately

Banks could be better at streamlining processes

Open banking can’t come soon enough for mortgage adviser, said AdviceHQ director David Green.

3 min read

Banks could be better at streamlining processes

Call on OCR cuts but no warning expected from RBNZ

ANZ expects the RBNZ to start cutting the OCR in August.

4 min read

Call on OCR cuts but no warning expected from RBNZ

DTIs on investment property don’t make sense

As experts expect property prices to rise between 5-10% this year, the biggest dampener will be debt-to-income (DTI) ratios if introduced towards the middle of the year.

3 min read

DTIs on investment property don’t make sense

RBNZ to give surprisingly early steer on economy

A steer on the state of the economy and the start of OCR cuts could be on the cards for Reserve Bank chief economist Paul Conway’s speech on Tuesday 30 January.

3 min read

RBNZ to give surprisingly early steer on economy

Plenty of twists and turns to come

The ASB Bank has outlined five key risks making 2024 as unpredictable and volatile as last year, with plenty of twists and turns to come.

3 min read

SME FAP challenges can be overcome

One of the main challenges facing small and medium FAPs in New Zealand is adapting to the changing regulatory compliance requirements.

3 min read

Increasing debt costs to hit budgets by $100 plus a week

The ASB says overall household debt servicing costs have yet to peak.

3 min read

Increasing debt costs to hit budgets by $100 plus a week

Expect more economic carnage

iLender business owner Jeff Royle says mortgage stress, defined as mortgage payments more than three months in arrears, is rising.

4 min read

Uncertainty over DTI effects

As the Reserve Bank gears up to consult on the level, possible exemptions and speed limits for debt-to-income restrictions, CoreLogic’s chief property economist says it is difficult to know whether they have worked in other countries.

5 min read