Vulnerable first-home buyers were the target of a woman who has been found guilty of mortgage fraud worth millions in the Auckland District Court.
Kiwibank says its focus for the future is transforming into a digital business, with fewer branches and digitally-enabled sales supported by staff.
Former Mike Pero mortgage adviser James Heath has failed to overturn his restraint of trade agreement and set up a new business.
New Zealand’s official cash rate will be reviewed less often in coming years.
Growing investor demand for Auckland property has exacerbated the price pressures arising from the underlying supply shortage, the Reserve Bank says.
Sharper loan-to-value restrictions for Auckland investors should never have happened in the first place, it was argued today, as the Reserve Bank announced a little more leeway.