Advisers increased origination of BNZ home loans
Is BNZ rediscovering that ditching mortgage advisers comes at a cost?
Because its latest results show advisers originated 42.9% of its home loans in the six months ended March, up from 42% in the same six months a year earlier.
BNZ’s homeloan book grew 6.6% to $66.2 billion in the latest six months, up from $62.1 billion a year earlier with advisers having originated 40% of the book at March 31, up from 38.9% a year earlier.
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