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The Bank of New Zealand's annual profit has tipped over $1 billion for the second time, reflecting an uptake in loans for homes and businesses, and improved margins.
Kathryn talks with RNZ's Economics Correspondent, Patrick O'Meara as the Reserve Bank signals whether it will ease lending restrictions for first home buyers. Audio
Most of the major banks are keeping quiet on whether they'll match what's being touted as the lowest home loan rate in five decades.
Hundreds of millions of dollars of new home loans have been approved across New Zealand this month. Audio
ASB is offering up a one-year fixed 'special' home loan rate of 4.89 percent - the lowest home loan rate seen in two years. Audio
An Auckland fund manager says he's hoping to meet a huge untapped demand for home loans that comply with Muslim sharia law. Audio