2 banks in NZ tighten mortgage lending to non-residents

Fri, Jun 10, 2016 - 5:50 AM

Wellington

WESTPAC New Zealand and ANZ tightened lending to non-resident mortgage borrowers on Thursday, following the lead of their Australian parents, to reduce risk in New Zealand's booming housing market.

Westpac will no longer lend to non-resident borrowers paying off

New Zealand housing market

Breaking News

11:09 pm

North Korean airline Air Koryo plans new route to China's Xian

10:34 pm

GIC invests in US-based technology firm Verra Mobility

10:27 pm

Chanel posts sales of almost US$10b, rivalling Louis Vuitton

09:59 pm

US: Dow drops at open, technology stocks boost Nasdaq

09:55 pm

Israel PM Netanyahu's wife charged with US$100,000 meal fraud

09:43 pm

Intel CEO resigns after probe into relationship with employee

1	Temasek-linked firms lift dividends 40% to record S$9.3 billion
2	Court gives Hyflux 6-month break from creditors; company in talks for S$200m rescue financing
3	S$5m value in PropNex prospectus for agents' transfer causing a stir
4	Noble shares soar as firm secures Goldilocks' backing for sweetened restructuring plan
5	Wah Loon founder buys Boat Quay shophouse

Real Estate

Real Estate

You are here

2 banks in NZ tighten mortgage lending to non-residents

New dawn for Noble as Goldilocks ends trench fight over debt revamp

S$5m value in PropNex prospectus for agents' transfer causing a stir

M&A appetite in overdrive for oil-and-gas firms: EY

Must Read

MyRepublic moves into telco space, launching 3 mobile plans for all users

Daily Debrief: What Happened Today

ExxonMobil starts up world's largest resin plant in Singapore

Najib's 1MDB denials unbelievable, says Mahathir

You are here

2 banks in NZ tighten mortgage lending to non-residents

Market voices on:

Sign up for BT Newsletters

Editor's Choice

Most Read

Must Read