Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
ASB and ANZ in court this week to appeal class action ruling
Law & Regulation

ASB and ANZ in court this week to appeal class action ruling

The proceedings would potentially cover hundreds of thousands of loans.

Rebecca Howard 10 Jul 2023
Finance sponsored by
First Mortgage Trust
First Mortgage Trust is an investment manager that specialises in property lending. For nearly 30 years we’ve been helping New Zealanders protect and grow their wealth.
Expect 150bps 'average' rate rise next year, says Westpac
Property

Expect 150bps 'average' rate rise next year, says Westpac

Household mortgage servicing costs could jump from 15% to 20% of income.

Staff reporters 10 Jul 2023