News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Full OCR cut should be passed on: McLachlan
Co-Operative Bank led the field in cutting its floating interest rate following the OCR announcement but it wasn't a planned move to be first off the block, chief executive Bruce McLachlan says.
ANZ keeping cuts mainly to itself
Banks have been extremely slow to pass on yesterday's OCR cuts to customers and one that has moved has only passed on 10 basis points.
Timing of OCR cut surprises
There is widespread surprise that the Reserve Bank has cut the OCR again so soon.
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