Another top executive leaves Westpac NZ
Karen Silk has joined the Reserve Bank of New Zealand.
Karen Silk has joined the Reserve Bank of New Zealand.
Borrowers who have not missed payments for 20 years are being rejected for a loan.
OPINION: The consequences of the Credit Contracts and Consumer Finance Act.
Bank says it will approve loan only if mother returns to work within 90 days of birth.
Minister orders inquiry into whether banks have overreacted to the new lending rules.
The unintended consequences of legislative changes are hitting mortgage applicants.
Banks now require a detailed breakdown of spending habits.
Data shows whether the new rules have had an impact on the investment category.
Curious twists, turns in largest commercial property sale of 2021: here's why
Vittoria Shortt expects 2022 will be another bumpy ride.
There's a desire to try to get back to the way things were pre-Covid.
Sir John: 'Take life, your job and your responsibilities seriously, but not yourself.'
Kiwibank chief executive Steve Jurkovich says banks need to take a medium-term view.
Banks appoints new chief financial officer and chief transformation officer.
'We need enough land to have a good-sized land bank to open new villages,' says CEO.
The proceedings allege the bank made false or misleading representations over fee waivers.
But there will be no change for customers doing over the counter transactions.
The Reserve Bank has tested both the solvency and liquidity of the banks under pressure.
Will banks' customers need to be vaccinated to visit a branch?
Top executive says one of her personal mantras is if you can see it, you can be it.
Borrowers will be required to provide far more details to lenders.
It is vital directors have the skills and knowledge to hold the executive to account.
The bank was ordered to get an independent report done back in March.
Qld woman is devastated after losing her dream home and tens of thousands of dollars.
ASB will lift its variable mortgage rates in reaction to the OCR increase.
"One borrower reluctant to get vaxxed has had financing withdrawn" - surveyed broker
Banks have virtually shut up shop for low deposit lending on existing properties.
ANZ, BNZ and Kiwibank have also introduced restrictions on low deposit lending.
Two-year inflation expectations were seen rising to 2.96 per cent from 2.27 per cent.
Reserve Bank is expected to lift the cash rate again next week.