We have a little more on Kiwibank and the changes to its fee structure and LMI - the original story has been updated here. Also across at our property investment site, www.landlords.co.nz there is a really interesting story showing how tougher lending criteria from the banks is driving buyers out of the apartment market and into the suburbs. As a result the apartment market is becoming increasingly attractive to property investors. Have a read here.
There are still no rate changes to report - but Westpac is cutting (not getting rid of) dishonour fees, automatic payment fail fees and credit card late payment and over limit fees. The full story is here.
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