Fund manager Harbour Asset Management has waded into the debate on a capital gains tax for property investors.
We’ve been here before.
For two decades the Reserve Bank has raised its concerns about the risks New Zealand faces from the housing market. The perceived issues, all reasonable and valid, have included poor allocation of investment capital and the threat of economic and financial sector instability. Aggravating the problem is the banking sectors’ need to fund mortgage lending from offshore markets...MORE»
Tuesday, April 14th, 7:06PM
RESIMAC Home Loans has reduced all fixed rates across its Prime Products including interest rates to the LVR bands above 80%.MORE»
Friday, April 10th, 12:00AM
BNZ will officially return to the mortgage adviser market after controversially leaving it 12 years ago.MORE»
Lender credit fees should only cover costs closely related to the particular loan transactions, according to a landmark Court of Appeal decision.MORE»
BNZ has axed its "Classic" home loan range which has been used to strategically to target parts of the lending market.MORE»
Thirteen Mike Pero Mortgage franchisees have served notice on the company that they will not be renewing their contracts.MORE»
BNZ's GlobalPlus home loan product, which earned Air New Zealand Airpoints dollars has gone, but Westpac is about to roll out a similar product.MORE»
A plunge in property prices is a key risk factor for banks in New Zealand, according to a new report from Standard & Poor’s.MORE»