About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Tuesday, May 23rd, 9:13PM
rss
Latest Headlines

FMT ticks over $500m in investments

While banks clamp down on lending and restrictions tighten for investors, one non-bank lender has more money to offer than ever.

Thursday, May 4th, 8:10AM

Property finance and investment provider First Mortgage Trust has seen its investment book climb to more than $500 million.

It passed the milestone on Monday of this week.

That is up from just under $350m in the year ended March 31, 2016.

Financial controller Roger Ford said the growth was due to the rate of return it could offers its investors.

He said it was typically 2% higher than what was available in six-month term deposits from the banks, which is the rate FMT benchmarks against...MORE»

Shareholders chip in

Monday, April 10th, 6:00AM

Kiwibank has had to go to its new shareholders for more money.

MORE»

UDC gets downgraded on sale news

Thursday, January 12th, 10:23AM

UDC has had its credit rating down-graded following ANZ's announcement it plans to sell the business to a private Chinese conglomerate, and questions are raised about the future of the finance company.

MORE»

 

Previous News

ANZ sells UDC Finance

Wednesday, January 11th, 11:21AM

ANZ Bank New Zealand  has agreed to sell its asset finance business, UDC Finance, for $660 million to HNA Group.

MORE»

BNZ offers 4% term deposit rate

Monday, November 21st, 9:58AM

BNZ has introduced a two-year deposit rate special of 4%.

MORE»

How FEI Investments reinvented itself

Saturday, November 12th, 4:45PM

A low interest rate environment is driving interest in finance company investments as the expense of bank deposits, one New Zealand operator says.

MORE»

Good news for Liberty

Thursday, November 10th, 9:27AM

Non-bank deposit taker Liberty Financial has had its credit rating raised by Standard & Poors.

MORE»

ASB issues notes

Monday, November 7th, 8:52PM

As part of its efforts to raise tier two capital in line with capital requirements, ASB is offering $250 million in subordinated unsecured convertible notes.

MORE»

MORE NEWS»

Today's Best Bank Rates
Heartland Bank 2.75  
Based on a $50,000 deposit
More Rates »
News Bites
Latest Comments
  • Life-Info founders want industry to take it over
    “Just to emphasise that we would like this to be regarded as an INDUSTRY resource as per the headline. We receive support...”
    1 day ago by dcwhyte
  • FMA acknowledges regulatory 'burden'
    “Very good and relevant points Brent, and you have been around well long enough to know. The GFC was 'hatched' from the largest...”
    4 days ago by Winka
  • FMA acknowledges regulatory 'burden'
    “Mr Gregory forgets the most important “cost” of regulatory burden and that is lower profitability of the finance sector....”
    4 days ago by Brent Sheather
  • Look twice at insurance applications
    “I couldn't agree more, this area of advice is lacking and is a massive contributor to non-payment of claims. Clean skins...”
    5 days ago by RiskAdviser
  • Wholesale rules a missed opportunity
    “Can someone tell me what the problem is about having a number of definitions for "wholesale" as far as advisers are concerned? Is...”
    5 days ago by Murray Weatherston
Subscribe Now

Deposit Rates newsletter

Previous News

MORE NEWS»

Most Commented On
News Quiz

The maximum remuneration model for Australian life insurance advisers is to be set at what?

Upfront 40% + trail 20%

Upfront 50% + trail 10%

Upfront 50% + trail 20%

Upfront 60% + trail 10%

Upfront 60% + trail 20%

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com