Westpac lauds Cofi's principles-based approach, says CCCFA "incredibly prescriptive" - See what the bank's CEO had to say here.
Westpac New Zealand says about 88% of its mortgage customers have already rolled over to fixed-term rates of 5% or higher and that 54% are paying interest rates between 5% and 7%. [READ ON]
Financial Advice NZ faces potentially challenging times with CEO Katrina Shanks resigning, an Australian competitor coming to play and other issues. [Read our Opinion Piece here]
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