NZCity NewsLinks -

All Links

2 Jul 2025

Search

Kiwi co-founders of new fintech startup have had a phenomenal 2025
A fateful conversation last led two pals to come up with tandym, a platform which helps facilitate groups who want to invest together.

What exactly does a venture capital investor bring to your startup besides funding?
WNT Ventures is on the hunt for more startups to invest in and talks about how it works with early stage deep tech businesses and helps them scale.

RBNZ signals just two further OCR cuts this cycle
The Reserve Bank is signalling just two further cuts in the official cash rate (OCR) in the current cycle, with the OCR bottoming at 2.9% in the December quarter and remaining at that level through to the March quarter of 2027.

New app makes loan agreements easier and cheaper
Drawing up a house deposit loan agreement from the bank of mum and dad has become easier with a New Zealand developed app launched only a few months ago.

Advisers originating fewer BNZ mortgages
Bank of New Zealand is writing a smaller percentage of mortgages through advisers although the percentage of its total mortgage book originated by advisers has continued to grow.

ASB provides emergency relief for storm-affected customers
Bank says it will pause home loan repayments for up to three months.

Mortgage borrowing hits a new high
Borrowers signed up for $8.5 billion in new mortgages last month – up 45.2% from $5.8 billion in February and up 40.7% from $6.035 billion March last year, the latest Reserve Bank data show.

ASB Securities impersonated, scammers suspected of targeting volatile economy
The fake share traders invite people to connect over WhatsApp, bank says.

Air New Zealand expects to bank $20 million of unused credits
Air New Zealand said it expected to make $20m from “credit breakage”.

Are we headed for '2020s stagflation'?
Conflict in the Middle East could lead to increased prices for New Zealanders and inflation headaches for the Reserve Bank, even while the economy remains weak.

RBNZ expects 4.5% house price growth in 2025
The Reserve Bank is expecting house prices in New Zealand to rise about 4.5% this year but that’s a much more modest increase than has been the case historically, according to RBNZ assistant governor for money Karen Silk.

Major bank cuts home loan rates ahead of OCR
The reductions appeared modest, but were prompt, coming a day ahead of the Reserve Bank’s decision.

New Reserve Bank survey shows business inflation expectations rising
The Reserve Bank has launched a new survey of business expectations.

Country’s biggest bank at bottom of customer rankings
The country's biggest bank scored 57% in Consumer NZ’s latest satisfaction ratings.

How to have your dream wedding without blowing the bank - The Prosperity Project
Swapping out champagne and scrapping party favours could be the easiest ways to save money

Reserve Bank warns US tariffs pose risk to NZ financial stability
Banks have strong capital to maintain credit flows amid market volatility.

Northland goat farm’s $24m dream crumbles under bank pressure and industry slump
BNZ is pushing for a sale, potentially leaving them with no home for retirement.

NZ's biggest bank downgrades house price forecast
The market is stabilising but "not going anywhere fast", ANZ's economists say.

General Capital subsidiary General Finance update
General Capital Limited advises that its subsidiary General Finance Limited, a licensed Non-bank Deposit Taker, has uploaded its quarterly unaudited report for the quarter ended 31 March 2025 to the Disclose Register