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26 Nov 2024 20:53
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      Home > News > Business

    New Zealand's largest bank has slashed interest rates... on the eve of the Reserve Bank's Official Cash Rate review

    New Zealand's largest bank has slashed interest rates... on the eve of the Reserve Bank's Official Cash Rate review


    ANZ has dropped the 6 month rate below 7-percent - to 6.84... with 18 month and 2 year rates dropping to 6.19 percent.

    The rates are still higher than some of it's competitors.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     26 Nov: A seal of approval from Auckland FC's ownership and management for the team's hot start to their inaugural A-League campaign
     26 Nov: A group of economists are throwing their weight behind a double-cut to the Official Cash Rate
     26 Nov: Former Warehouse Group boss Nick Grayston has received a 2.2 million dollar "golden parachute" following his abrupt departure in May
     26 Nov: Headwinds for the housing market, despite falling interest rates and rising confidence
     25 Nov: Again importing bitumen to Marsden Point should bring an economic boost and supply security to Northland
     25 Nov: The change in US Presidents will likely be felt in New Zealand's agricultural trade
     25 Nov: Sales are still sliding in the retail sector
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    Auckland's NPC team are on the hunt for a new head coach More...

    BUSINESS BUSINESS
    New Zealand's largest bank has slashed interest rates... on the eve of the Reserve Bank's Official Cash Rate review More...


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