Kiwibank profits dropped by 47% in the year to June as rising credit impairments took their toll on the state-backed lender: [READ ON]
Covid-19 has not led to the bottom dropping out of the housing market, as some predicted. Rather housing values have held pretty firmly, particularly in provincial and rural areas: [READ ON]
| « Advisers sail through second lockdown; Westpac rate cuts | Households spend nearly a third of their income on mortgage » |
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