Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
A third of OCR hike hits mortgage holders within a month
The Reserve Bank estimates that 80% of an official cash rate hike will have been passed on to mortgage holders within about six months.
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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.
Finance
Harmoney to pay $7m to customers for unreasonable fees
Harmoney will take up to two years to refund 37,000 customers.
Finance
Bonus Bond holders to get $1.10 payout, maybe more
The number of Bonus Bonds on issue fell to 778,318 at March 31 from 3,125,672 a year earlier.
Finance
'Big number': Kiwibank's $69m profit boost
Kiwibank's profit growth was strong even before the write-back of charges for bad debts, rising 20% before tax.
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