The number of new home loans increased by nearly 30% in the six months to December 2023 according to retail banking insights released today by the New Zealand Banking Association.

In 2018, property developer Terry Serepisos borrowed $152,500 from an Auckland company. That sum has ballooned to around $2.5 million in nearly six years, and ...

A further step for improving access to high quality dispute services is the Government’s support for the proposed merger of the Insurance & Financial Services Ombudsman Scheme (IFSO) and the Financial ...

Financial mentoring services are worried the wind-back of lending regulations could expose vulnerable borrowers to loan-sharks and more debt. The government is reforming the Credit Contracts and ...

Loansmart is increasing its limit on unsecured borrowing from $50,000 to $75,000. Managing Director Murray Greig says the increase is in response to a rise in demand for personal loans on the back of ...

A financial advisor says the Government's newly announced regulation changes for home loans and lending will allow banks to use common sense.

The Bank of the Year, Home Loans award takes both residential and investor home loans into account, and assesses factors such as net cost, ease of application, the discharge process, and customer ...

Deborah Soto was relieved when she thought she had paid off her daughter's student loans in full just before interest began accruing again in September last year. She paid off $115,000 in debt in ...

The Government’s cutting more red tape in housing. They’ve announced changes to ease lending criteria for home and other loans, including reforming financi ...

Cabinet has agreed to remove pages of regulations introduced in December 2021 under the Credit Contracts and Consumer Finance Act (CCCFA). The change will give lenders, like banks and finance ...

A Brazillian woman was arrested after attempting to secure a loan from a bank with her dead 'uncle'. VIdeo / GlobalNewsTube ...