Kiwibank offers up to $10k carrot to new mortgage customers

Staff reporters
Wed, 08 Jun 2022

Clearly, the mortgage market is becoming ultra-competitive as loan volumes decline, because Kiwibank is now offering customers a 1% contribution of up to $10,000 on their home’s value if they take out a Kiwibank mortgage.Senior product manager for home lending at Kiwibank, Pip Maxwell, said the offer would make life a little easier for first-home buyers or for those wishing to switch to the New Zealand-owned bank.“This market-leading cash offer is designed to put money back in the pockets of Kiwis at a time of rising costs,” M...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Tourism needs to 'embrace' job-sharing to spur recovery – report
Brent Melville | Wed, 10 Aug 2022

An industry that lost more than a third of its workforce during the pandemic needs to start thinking differently about work sharing.

Primary Sector
A2 Milk gets shot down because of issues in application
Rebecca Howard | Wed, 10 Aug 2022

The FDA continues to work around the clock to address current supply challenges, including reviewing a number of requests from manufacturers for enforcement discretion, as quickly as possible, a spokesperson said. 

Law & Regulation FREE
Cigna admits to wrongly lifting customers' cover and premiums
Ella Somers | Wed, 10 Aug 2022

Cigna Life Insurance has admitted to misleading more than 52,000 customers.

A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).