Westpac sped up mortgage lending three-fold in March half year
Westpac New Zealand sped up its pace of mortgage lending in the six months ended March, adding $1.51 billion in net new mortgages after growth of only a third of that in the previous six months ended September.
Westpac New Zealand sped up its pace of mortgage lending in the six months ended March, adding $1.51 billion in net new mortgages after growth of only a third of that in the previous six months ended September.
The mortgage book stood at $68.98 billion at March 31, according to the loan-to-valuation ratio (LVR) table in Westpac’s latest disclosure statement, up from $67.47 billion at Sept 30 ...MORE»
Buffett announces his retirement; A Kiwi's view from OmahaSunday, May 4th, 4:55PM
The Woodstock of Investing: Lessons from Warren Buffett’s final Berkshire Hathaway annual meeting. MORE» |
US firm buys established Kiwi advice firmFriday, May 2nd, 8:15AM
NYSE-listed global insurance giant buys New Zealand financial planning firm MORE» |
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Shaping the future of advice: How NZFSG is empowering advisers in a changing regulatory world
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New managed fund offering targets savers
A new managed fund spearheaded by an ex-Fisher Funds manager aims to offer savers an alternative to banks promising retail access to wholesale rates.
A new managed fund spearheaded by an ex-Fisher Funds manager aims to offer savers an alternative to banks promising retail access to wholesale rates.
“New Zealanders have been missing out on billions of dollars in interest every year through essentially having their money in these really low interest bank accounts,” says Wedge Managing Director David McLeish, who was head of fixed income ...MORE»
Craigs’ 50% stake sale completeWednesday, April 30th, 12:00PM
Investment firm Craigs has confirmed the sale of half of the company to global private equity firm TA Associates is now complete and takes effect from today. MORE» |
Kernel takes on Sharesies (and others)Tuesday, April 29th, 6:00AM
Kernel Wealth has transformed from an index fund manager into an investment platform taking in the likes Shareies and Hatch. MORE» |
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News Bites
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Craigs’ 50% stake sale complete
Investment firm Craigs has confirmed the sale of half of the company to global private equity firm TA Associates is now complete and takes effect from today. MORE»
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GoodReturns TV
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[GRTV] Antipodes portfolio manager discusses emerging markets fund's potential amid volatility
Antipodes Portfolio Manager John Stavliotis discusses the opportunities in emerging markets, their strong growth potential and diversification benefits. MORE»
Sky TV's Rights Negotiation goes into Extra Time
Price increases are never welcome but sometimes, on rare occasions, we can soften that blow by offsetting ourselves in the market. For instance, accepting a 12-14% insurance premium increase from your insurer Tower is a lot easier to digest when your Tower shares return over 120% in the same year. For the good of the shareholders, you start to say… MORE»
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Gail Costa's farewell message to advisers
In a farewell message to advisers, former Chubb chief executive Gail Costa pays tribute to the work advisers do. MORE»
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TMM Online
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Westpac sped up mortgage lending three-fold in March half year
Westpac New Zealand sped up its pace of mortgage lending in the six months ended March, adding $1.51 billion in net new mortgages after growth of only a third of that in the previous six months ended September. MORE»
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Former FMA boss joins Simplicity
Simplicity gets its number one pick for new chairman. MORE»
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Advisor relationships on Sharesies' radar
Investment platform Sharesies is turning its mind to how it can work more closely with advisors now it has its latest KiwiSaver scheme options up and running. MORE»
