Stay updated with breaking news from காரா தைத். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Student loses $70K of borrowed money in scam targeting Mandarin speakers stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
More bank closures expected to hit rural Waikato towns stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
Big banks close more than 460 ATMs and bank branches over 18 months stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
While this policy was to be phased in over a four-year period from October 1, the bank thought the change would have an impact on serviceability for many investors, he said. “As a responsible lender, ANZ has an obligation to appropriately reflect this within our lending assessment process for new residential investment lending.” Mortgage Supply Company director David Windler said the rule change represented a 10 per cent hit to investors’ serviceability calculations. “So if a rental property generates $500 per week about $50 a week, or $2600 a year, less of that income can be used to calculate serviceability. In simple terms, investors will potentially need a bigger deposit. ....