Lending to first-home buyers fell in February compared to a year ago while lending to investors rose.
Westpac NZ will have to hold more cash until the Reserve Bank is satisfied it has fixed its governance and liquidity reporting problems.
This time Westpac is in hot water for its governance and liquidity reporting, and has been asked to provide two independent reports.
He started a share club in the 1960s while he was in uni, and today, former South Pacific Pictures owner John Barnett is still investing in companies.