UPDATED: ANZ, KiwiBank pass on fraction of OCR cut to mortgage holders
ANZ first to respond to RBNZ move, with KiwiBank and Westpac following later.
Hot Topic
Hawke’s Bay
UPDATED: Kiwibank has cut its variable rates by between 0.20% and 0.25%.
It will cut its home loan variable rate by 0.20%, bringing it down to 5.25%. Meanwhile, Kiwibank's offset rate will fall by 0.25% to 5.25% and the revolving home loan rate by 0.20% to 5.30%.
The cuts are effective
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Thu, 11 Aug 2016
Thu, 11 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
UPDATED: ANZ, KiwiBank pass on fraction of OCR cut to mortgage holders
60681