Christchurch lender 4J Enterprise Ltd fined $15,000 for unregistered lending
Director Hope Suan and senior manager Juvy Suan pleaded guilty as parties to the company’s offending. They were…
Big four banks lift mortgage rates from Friday: What you’ll pay
Frustrated mortgage holders will officially pay more interest on their home loans starting on Friday, as the major…
Election 2026: National pledges lower student loan repayments for graduates staying in NZ, new penalties on Kiwis overseas
“For those who are overseas and are not repaying the student loan that New Zealand taxpayers funded, we…
Number of Kiwis behind on repayments falls to lowest level in five years – Centrix data
“There are still 84,000 consumers who are 90 or more days behind on payments, most of whom are…
Cotality report shows more than 40% of borrowers are facing higher mortgage rates in next six months
“That strategy has become much less effective as market mortgage rates rise ahead of any medium term [Official…
Retail banking data show more Kiwis ahead on their mortgage repayments
Meanwhile, nearly 18% of home loans moved from variable to fixed interest rates, something Beaumont said was “relatively…
Moana Pasifika’s repayment of public loan in doubt, Sport NZ faces write-off
Sources told the Herald that, at that point, a purchase price in the region of $5m was sought,…
Interest rate hikes failing to dampen property prices in mid-size and regional areas
An interest rate rise in February has failed to slow much of Australia’s housing market, with new data…
Yoyoso parent Acecco in receivership with $11.6m debts, repayments unlikely
Acecco Holding is also a 51% shareholder of Beautylife Electronics NZ, which has so far not been affected…
Official Cash Rate cuts: Mortgage arrears at two-year low after OCR cuts
More than $2.2 billion in housing loans was classed as non-performing in October 2025, compared to $1.4b in…
Westpac’s profit jumps 13%, as it fattens its margins; CEO says average borrower is ahead on their mortgage repayments
The value of term deposits held by the bank fell by 2%, while transaction and savings deposits rose…