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The Top 10 stories on tmmonline.nz
A lot has happened in the market since the last edition of the magazine. Here are the most-read industry stories from tmmonline.nz
01 RELYING ON BANKS’ CALCULATORS NOT ENOUGH FOR ADVISERS
The new Minister of Commerce and Consumer Affairs says the finance industry must share responsibility for problems with the CCCFA.
02 DEBT-TO-INCOME TOOL FINALISED BY RESERVE BANK
The Reserve Bank is releasing its finalised debtto-income (DTI) tool.
03 SLOW GROWTH EQUALS LOW INTEREST RATES
A shrinking economy has prompted some economists to lower their OCR forecasts.
04 FINAL NUMBERS OUT
The Financial Markets Authority (FMA) says the transition to full licensing for financial advisers is a success, with more than 2,500 financial advice providers licensed or operating as an authorised body by the deadline.
05 BREAKING: RBNZ RAISES OCR BY 50 BPS
The Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent.
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06 WHAT THE RBNZ'S SURPRISE OCR HIKE MEANS FOR HOME LOAN RATES
Australia and Canada may have paused their cash rate increases but that has not deterred our central bank.
07 VETERAN MORTGAGE ADVISER GEOFF BAWDEN SELLS HIS DEALER GROUP
Q Group gets a new owner.
08 MORTGAGE DIRECTOR LAUNCHES BOOK FOR FIRST-HOME BUYERS
'Smashed Avo to Smashed Goals’ aims to educate and empower first-home buyers to confidently navigate the home-buying process and achieve the home ownership.
09 GOVERNMENT HAS ANOTHER GO AT TWEAKING CCCFA
The Government has had a third go at fixing the rules around the Credit Contracts and Consumer Finance Act (CCCFA).
10 THE REFINANCING WAVE – THE GOOD, BAD AND UGLY CoreLogic chief economist Kelvin Davidson says there are five key issues facing borrowers.