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1 day ago | 
mpamag.com | Mina Martin
Targeted relief includes temporary overdrafts and lending reviews By 28 Jun 2025 BNZ has launched a financial assistance package for customers affected by severe weather events in Nelson, Tasman, and Marlborough, offering immediate support for individuals, small businesses, and agribusiness clients.
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1 day ago | 
mpamag.com | Mina Martin
OCR cut to 3% likely, but RBNZ in wait-and-see mode By 28 Jun 2025 ASB now expects one more 25 basis point cut to the official cash rate, bringing it to 3%, as New Zealand’s economic recovery remains vulnerable to global shocks, including trade wars and oil price volatility.
“Now that interest rates are back down to a ‘neutral’ level, the RBNZ can afford to wait and see how the uncertainties play out,” said ASB chief economist Nick Tuffley (pictured).
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1 day ago | 
mpamag.com | Mina Martin
Ex-ski instructor helps Kiwis achieve homeownership dreams By 28 Jun 2025 From carving ski trails to carving out smart lending solutions, James Kingscote (pictured) brings clarity, calm, and client-first advice to every mortgage journey.
Now based in Queenstown and Wanaka, the former ski instructor helps Kiwis navigate the often-confusing path to homeownership – with a focus on relationships, resilience, and results.
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1 day ago | 
mpamag.com | Mina Martin
Avanti connects advisers nationwide with growth-driven message By 28 Jun 2025 Avanti Finance has wrapped up its inaugural nationwide roadshow series, marking a major step forward in its refreshed brand journey and growth strategy.
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1 day ago | 
mpamag.com | Mina Martin
Six decades of driving financial access and innovation By 28 Jun 2025 The Financial Services Federation (FSF), the peak body representing New Zealand’s specialist lenders and fleet leasing providers, has celebrated 60 years of supporting financial innovation and competition.
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1 day ago | 
brokernews.com.au | Mina Martin
News By Jun 28, 2025 Share Tom Morison (pictured), director and mortgage broker at Amara Mortgage Brokers, has carved out a reputation for expertise in complex lending. But his path into broking began far from spreadsheets and serviceability calculators.
An unconventional start to broking
Morison’s career didn’t begin in a finance firm or a bank – it began behind a counter at Vintage Cellars in Seaforth while he was studying at university.
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1 day ago | 
brokernews.com.au | Mina Martin
News By Jun 28, 2025 Share Small and medium-sized enterprises (SMEs) are under growing financial pressure as rising wages, inflation, and weak consumer demand collide. But despite the tough conditions, many are holding firm – backed by resilience, adaptation, and proactive cost strategies. According to new reports from CommBank, ScotPac, and Equifax, the first half of 2025 has tested the limits of small business endurance, with major cost increases looming from July 1.
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1 day ago | 
brokernews.com.au | Mina Martin
News By Jun 28, 2025 Share Internal migration trends across Australia are reshaping property markets, as more capital city residents opt for life in regional locations. Driven by lifestyle preferences, housing affordability, and the rise of remote and hybrid work, this population shift is impacting growth corridors, infrastructure needs, and long-term planning nationwide, Herron Todd White reported.
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1 day ago | 
brokernews.com.au | Mina Martin
News By Jun 28, 2025 Share Commonwealth Bank has partnered with Apate.ai, a Sydney-based cyber-intelligence company spun out of Macquarie University’s Cyber Security Hub, to harness real-time AI-powered intelligence in the fight against scams. The initiative comes as Australians lost nearly $119 million to scams in the first four months of 2025, despite a drop in overall reports, according to Scamwatch.
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1 day ago | 
brokernews.com.au | Mina Martin
News By Jun 28, 2025 Share Australia’s household wealth grew by $137.1 billion in the March quarter, boosted by housing gains – but super balances fell for the first time since 2022. However, these wealth gains have not been evenly distributed. New analysis from The Australia Institute shows that wealth inequality has deepened over the past two decades, largely fuelled by the concentration of investment properties in the hands of the richest 10% of households.
