Bank switching by mortgage holders hits record high amidst attractive floating and short term rates
Floating or going short term makes it easier for borrowers to change bank. Source: NZ Herald Business News
Inland Revenue applies to liquidate radio host and businessman Nick Mills’ hospitality companies
Nick Mills' battle with Inland Revenue to go to court. Source: NZ Herald Business News
ANZ follows rivals, cutting mortgage and savings rates by up to 25 basis points
Bank's one-year fixed mortgage rates particularly competitive. Source: NZ Herald Business News
Inflation expected to keep falling, but question marks remain over how many more Official Cash Rate cuts are required
December quarter inflation figures to shed light on where the OCR may settle. Source: NZ Herald Business News
Government books deteriorate by more than expected: No surplus in sight, debt issuance up
Debt issuance is expected to rise by more than expected. Source: NZ Herald Business News
Hefty ACC levy hikes locked in, as Government unveils review to contain rapidly rising costs
The Government is to commission a review of the state insurer, as costs soar. Source: NZ Herald Business News
Government cautious on Kiwibank capitalisation, keeping foreign investors well clear for now – Jenée Tibshraeny
Why seeking local private investment in Kiwibank is a win for the Government - for now. Source: NZ Herald Business News
Court gives BNZ greenlight to shut Gloriavale’s bank accounts in move that could end the community
Two-year legal dispute over BNZ's bid to ditch Gloriavale ends. Source: NZ Herald Business News
Interest rates: Popularity of short-term mortgage borrowing surges – at a cost
Nearly 90% of new mortgage lending in October was floating or fixed for a year or less. Source: NZ Herald Business News
Competition shake-up: ‘Ambitious’ reviews of Commerce Act and Commerce Commission unveiled
Government to crack down on 'creeping acquisitions'. Source: NZ Herald Business News