GoodReturns | NZ’s financial adviser news-item centre

Banks slash floating lending and deposit rates after 25bp OCR cut

Banks slash floating lending and deposit rates after 25bp OCR cut

Banks began announcing cuts to their mortgage rates immediately after the Reserve Bank cut its official cash rate (OCR) to 3.5% from 3.75%, as most economists and market pricing had predicted.

Wed, Apr 9th 2025 03:11PM

FMA will look at how long banks take to pass on OCR changes

FMA will look at how long banks take to pass on OCR changes

IRD determines funds management is exempt GST

IRD determines funds management is exempt GST

RBNZ does a u-turn on bank capital requirements

RBNZ does a u-turn on bank capital requirements

Why was Westpac slow in passing on OCR cut?

Why was Westpac slow in passing on OCR cut?

3 min read

Non-Pharmac-funded drug insurance comes with limits

Non-Pharmac-funded drug insurance comes with limits

5 min read

Kiwibank says cost of adviser business is marginal

Kiwibank says cost of adviser business is marginal

3 min read

Heartland launches a bridging loan to finance retirement village purchases

Heartland launches a bridging loan to finance retirement village purchases

3 min read

A loan which could be approved in 60 mins now takes 7 days thanks to regulations

A loan which could be approved in 60 mins now takes 7 days thanks to regulations

4 min read

Adrian Orr departs RBNZ still congratulating himself

Adrian Orr departs RBNZ still congratulating himself

4 min read

Kiwibank, ASB lift mortgage market share, ANZ, Westpac lag

Kiwibank, ASB lift mortgage market share, ANZ, Westpac lag

3 min read

Claims rises outstrip premium increases

Claims rises outstrip premium increases

1 min read

Bank turns off digital home loans

Bank turns off digital home loans

2 min read

Heartland's reverse mortgage growth slows: Online home loans closed

Heartland's reverse mortgage growth slows: Online home loans closed

2 min read

Kiwibank grows home loans at twice its market share

Kiwibank grows home loans at twice its market share

3 min read

Trustees Executors to sell registry business, focus on supervision

Trustees Executors to sell registry business, focus on supervision

2 min read

RBNZ: half of all mortgages to reprice over next six months

RBNZ: half of all mortgages to reprice over next six months

3 min read

RBNZ cuts OCR by 50pb, signals further cuts sooner

RBNZ cuts OCR by 50pb, signals further cuts sooner

2 min read

Heartland writes off nearly $50m, says reverse mortgages still strong

Heartland writes off nearly $50m, says reverse mortgages still strong

2 min read

Kiwibank promises advisers 48-hour turnaround on pre-approvals

Kiwibank promises advisers 48-hour turnaround on pre-approvals

4 min read

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Jenny Ruth

Stories written by multiple reporters.

Followers will be emailed articles by Jenny Ruth