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Media Centre

GE Money New Zealand announces home loan variable interest rate change.

21 June 2010

MELBOURNE: GE Money has announced that following the latest increase in the Reserve Bank of New Zealand's official cash rate of 25 basis points it will increase home loan variable interest rates by 25 basis points for mortgages previously sold through third party mortgage managers, brokers and other introducers and AMS (previously Wizard Home Loans) in New Zealand.

The rate change is effective 26 June 2010.

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Aaron Baxter named Managing Director of GE Money New Zealand.

26 March 2010

AUCKLAND: GE Capital today announced the appointment of Aaron Baxter as Managing Director of GE Money, New Zealand. He will take up the role on Monday, 12 April 2010 replacing Greg White who will return to Australia to take up the role of Managing Director of Retailer Solutions at GE Money.

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Top ten tips for financial savings this Christmas to set you on track for a stress-free 2010.

23 December 2009

AUCKLAND: It's that time of year again when New Zealanders battle crowds to buy the final Christmas presents and then splurge on the post-Christmas sales.

 

To ensure that New Zealand customers keep control of their personal finances, Greg White, Managing Director of GE Money New Zealand, has compiled ten easy tips to help New Zealanders keep track of their finances this Christmas and celebrate a stress-free 2010.

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GE Money announces strategic relationship with Kiwibank to provide personal loans to New Zealand consumers

17 September 2009

AUCKLAND: GE Money New Zealand and Kiwibank have announced a new strategic relationship to provide personal loans to New Zealand consumers.

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GE Money New Zealand reduces home loan variable interest rates by .25 per cent

06 May 2009

AUCKLAND: GE Money New Zealand has announced it will reduce home loan interest rates by 25 basis points for all variable rate mortgages following the latest review of its cost of funding and the recent New Zealand Reserve Bank’s official cash rate change.

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GE Money New Zealand reduces home loan variable interest rates by .5 per cent

17 March 2009

AUCKLAND: GE Money New Zealand has announced it will reduce home loan variable interest rates by 50 basis points for all variable mortgages following the latest review of its cost of funding and the recent
New Zealand Reserve Bank’s official cash rate change.

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GE Money proposes expansion of online and telephone sales channels and branch closures as part of long-term success strategy

2 March 2009

AUCKLAND: GE Money has today announced a proposal to close its branch distribution channel as part of an ongoing strategy to position the company for long-term success in New Zealand. GE Managing Director New Zealand, Greg White said there would be no change to the GE Money products on offer and it will remain the country’s leading non-bank lender, servicing more than 370,000 New Zealanders.

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GE Money Home Lending New Zealand to waive fees to assist home loan account holders to move to another lender

19 February 2009

AUCKLAND: GE GE Money Home Lending New Zealand today announced that from 2 March 2009 it will waive the Deferred Administration Fee (DAF) for three months for its home loan customers to assist them in moving to another lender. This is in response to its ability to pass on only a part of the recent cash rate cut due to the high cost of funds on the wholesale money markets.

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