GoodReturns | NZ’s financial adviser news-item centre

Heartland writes off nearly $50m, says reverse mortgages still strong

Heartland Group says the quality of its reverse mortgage and livestock portfolios remain strong and its recently acquired Australian bank is unaffected even as it announces $49.6 million of impairments for the six months ended Dec 31.

Jenny Ruth

Wed, Feb 19th 2025 07:22AM

Some comfort for RBNZ ahead of Wednesday’s OCR review

3 min read

Kiwibank promises advisers 48-hour turnaround on pre-approvals

4 min read

OCR preview - RBNZ has more cuts and work to do

6 min read

ComCom's 3 applications per loan demand is 'crazy': FAMNZ

3 min read

How banks make super profits off savings accounts

6 min read

ASB made up for lost time with $2.28b net new mortgages in 1H

3 min read

10 Minute home loan approvals on the cards

4 min read

Borrowers switch from floating to fixed rates at brisk clip

2 min read

Shifting the dial on good advice

5 min read

Next big issue for mortgage advisers

4 min read

Number of mortgage holders behind in payments up 1,100 in one month

2 min read

Luxon sacks FEC chair Stuart Smith without explanation

3 min read

Switching banks takes a huge chunk of mortgage money

4 min read

RBNZ warns interest rates unlikely to return to pre-covid levels

2 min read

The squeeze is set to ease

4 min read

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