GoodReturns | NZ’s financial adviser news-item centre

Alternative to first home grant

Auckland-based entrepreneur Derek Handley has set up a privately funded financial services group offering an alternative first home loan scheme.

Sun, Jun 23rd 2024 06:54AM

Growing number of property investment dollars moving across the ditch

6 min read

Market could be near a tipping point

2 min read

Early adopter investors can make money from AI

3 min read

Big week for cuts and ANZ tweaks forecast

It was a pivotal week for monetary policy with two major central banks cutting interest rates for the first time in more than four years.

3 min read

Big week for cuts and ANZ tweaks forecast

First home buyers making hay, investors MIA

A lift in interest amongst first home buyers (FHB) remains a feature of housing activity.

3 min read

First home buyers making hay, investors MIA

DTI borrowing at lowest levels since 2017

The Reserve Bank could be weeks away from introducing debt-to-income restrictions.

3 min read

DTI borrowing at lowest levels since 2017

Sticky market for investors – first home buyers in control

Large numbers of property investors have not come back into the market despite the reintroduction of 80% interest deductibility for landlords and the lowering in July of the Brightline test from 10 years to two years, QV says in its latest update.

4 min read

Sticky market for investors – first home buyers in control

Low house prices and deposits help first home buyers

The increasing number of low deposit mortgages being lent to first home buyers has been borne out by the latest CoreLogic research.

4 min read

Low house prices and deposits help first home buyers

Insurance affordability relies on deeper understanding of hazards

Insurance affordability is being highlighted by the Reserve Bank in its latest Financial Stability Report to be published on Wednesday.

5 min read

Insurance affordability relies on deeper understanding of hazards

Would-be scammer convicted after running one of biggest pyramid schemes in NZ

A pyramid scheme promoter who says she was going to “make history as one of the biggest scammers in New Zealand” has been convicted on five charges laid by the Commerce Commission under the Fair Trading Act.

3 min read

Would-be scammer convicted after running one of biggest pyramid schemes in NZ

Financial complaints rise as cost-of-living pressures continue

As the cost of living crisis bites, disputes have risen by 36% and complaints to Financial Services Complaints Ltd (FSCL), a free financial ombudsman service, have risen by 17% .

6 min read

Financial complaints rise as cost-of-living pressures continue

Mortgage Lab buys new trail book

People Group has sold its Mortgage People trail book to Mortgage Lab.

4 min read

Improvement in arrears but trough still to come

Although the country is in a technical recession, credit data trends show a mixed bag.

3 min read

Improvement in arrears but trough still to come

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.

3 min read

Clawbacks could sneak onto ComCom agenda

Pain for gain

Existing economic pain will ultimately be good news for mortgage borrowers, says Squirrel Mortgages founder John Bolton.

2 min read

Potential FAMNZ members in waiting game

Despite the Finance & Mortgage Advisers Association NZ (FAMNZ) setting up in Auckland in early February, it won’t be taking membership applications until next month.

2 min read

Mortage advisers get the ear of Com Com

Mortgage adviser Jeff Royle’s sounding-off about the Commerce Commission dropping a “bombshell” on the industry has got its attention.

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