Westpac says RBNZ capital proposals would add $6,000 a year to an Auckland mortgage

Westpac says RBNZ capital proposals would add $6,000 a year to an Auckland mortgage

Mortgage Rates

Westpac says the RBNZ proposed capital requirements would add $6000 a year to an Auckland mortgage; and it is highly critical of the proposal.

See more here, plus table with what it would mean for home loans.

How does this impact me?