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Banks slash mortgage rates after OCR cut
Banks have slashed interest rates after the Official Cash Rate was cut to a record low of 2.5 per cent.
BNZ, Kiwibank follow the trend, cutting interest rates
BNZ and Kiwibank have joined the other banks and cut mortgage rates.
ANZ, National banks cut mortgage rates
Sister banks ANZ and National have cut mortgage interest rates.
Equitable receiver says too soon to estimate recovery of $192m owed
The receivers of Equitable Mortgages say it's too soon to say how much of the property lender's $188.4m worth of loans they are likely to recover.
<i>Inside Money :</i> Why KiwiSaver highflyers are due to land
Both Huljich and Fidelity have recently made significant changes to their KiwiSaver businesses that point to a slowdown dead ahead.
<i>Inside Money: </i>How to make bread with KiwiSaver
David Chaplin looks into the Exclusive Brethren's BCF KiwiSaver scheme.
$500,000 greetings card a hard gift to top
Winning lotto ticket a bonus in Auckland man's annual handmade Christmas card from his 13-year-old son.
Trauma after murder
A Kiwi mum who witnessed her husband's murder at the hands of "greedy" family members in India says she is still traumatised.
<i>Bernard Hickey - </i> Bollard bets on end to housing love affair
I worry that the banks are trying to unleash those animal spirits in the housing markets again.
Market picks no OCR rise till June
The financial market now expects the Reserve Bank will not increase the OCR from 3 to 3.25 per cent until June next year.
<i>Bernard Hickey:</i> Housing habits hard to shake
The housing market has started to simmer again.
Richlisters up for Govt bailout
Taxpayers could be paying as much as $178 million to bail out a failed finance company owned by one of NZ's wealthiest families.
Kiwibank cuts rates to spark quiet property market
Kiwibank has cut its 2 year fixed mortgage rate to 6.59pc, to try and spice up housing demand.