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Westpac says RBNZ capital proposals would add $6,000 a year to an Auckland mortgage

Friday 24 May 2019  Add your comment

Westpac says the RBNZ proposed capital requirements would add $6000 a year to an Auckland mortgage; and it is highly critical of the proposal.

See more here, plus table with what it would mean for home loans.

Previous commentary

Westpac says RBNZ capital proposals would add $6,000 a year to an Auckland mortgage - Friday 24 May 2019

Dunedin adviser's offices searched by SFO - Friday 24 May 2019

Small banks say new proposals unfair - Thursday 23 May 2019

Pepper makes NZ BDM hire - Wednesday 22 May 2019

Prospa adds to team - Tuesday 21 May 2019

Aussie lender Pepper arrives in NZ; What the Aust election means for brokers - Monday 20 May 2019

Mortgage Link inks deal with international group - Friday 17 May 2019

FMT cuts rates on commercial lending - Thursday 16 May 2019

Resimac's Jackson on commissions; Bluestone appoints new BDM - Wednesday 15 May 2019

Latest house sales data not flash; Westpac reckons market will rebound - Tuesday 14 May 2019

NZFSG gets its on loan product; Adrian Orr explains OCR cut decision - Monday 13 May 2019

Rates tumble; Advisers react to new code - Thursday 9 May 2019

OCR Decision: Rate Cut to 1.50% - Wednesday 8 May 2019

What the new Code means for advisers; Top broker loses court battle - Wednesday 8 May 2019

Code finally approved; New Resimac CEO; SBS goes low - Tuesday 7 May 2019

Advisers may be unprepared for new regime: Johnston - Monday 6 May 2019

Will the OCR be cut next week; How brokers helped BNZ - Friday 3 May 2019

Mortgage advisers write more business for ANZ - Thursday 2 May 2019

Revealed: The cost of the Code; ANZ profit falls - Wednesday 1 May 2019

Mortgage advisers react to Govt's commission plans - Monday 29 Apr 2019

Price wars to support property market - Friday 26 Apr 2019

With CGT gone, housing market expected to pick up - Wednesday 24 Apr 2019

Industry shakeout good for mortgage advisers - Wednesday 17 Apr 2019

Something a little different today - Tuesday 16 Apr 2019

House sales volumes fall and finance is blamed - Monday 15 Apr 2019

Capital gains battle heats up - Thursday 11 Apr 2019

NZ banks could face $21bn capital shortfall - Wednesday 10 Apr 2019

Mortgage rate dance continues; As does the BDM shuffle - Tuesday 9 Apr 2019

Here's what MPs said about advisers; Avanti recruits from Link; BNZ cuts - Friday 5 Apr 2019

Price war heats up with ASB move - Thursday 4 Apr 2019

No excuses now... - Wednesday 3 Apr 2019

Economists do u-turn on OCR; Aussie non-bank lenders eyes NZ; Bluestone poaches ANZ BDM - Tuesday 2 Apr 2019

All insurance and mortgage advisers should read this - Monday 1 Apr 2019

TSB joins the party; SX CEO goes; Bank targets criticised - Friday 29 Mar 2019

Reaction to RBNZ's surprise OCR comments; Kiwibank makes massive cut - Wednesday 27 Mar 2019

RBNZ leaves OCR unchanged - Wednesday 27 Mar 2019

Company launches solution to sluggish turnaround times - Wednesday 27 Mar 2019

Church on her new role; ANZ finally joins party - Tuesday 26 Mar 2019

BNZ back below 4% - Monday 25 Mar 2019

OCR Preview: What the experts are predicting - Friday 22 Mar 2019

Credit Unions to take on banks - Wednesday 20 Mar 2019

ASB lowers two-year rate - Tuesday 19 Mar 2019

Small banks take fight to the big guys - Monday 18 Mar 2019

Mortgage brokers need to be ready for change - Friday 15 Mar 2019

Two mortgage groups agree to join together - Thursday 14 Mar 2019

Exciting news; Aust Govt backs off trail commission ban - Wednesday 13 Mar 2019

Revealed: Adrienne Church's new role - Tuesday 12 Mar 2019

One little tweak; Banks approach to mortgage advisers revealed - Monday 11 Mar 2019

Newpark gets top Loan Market man - Friday 8 Mar 2019

Big banks pledge broker backing - Thursday 7 Mar 2019

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