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Banks slash rates after historic OCR cut
TMM - News

Banks slash rates after historic OCR cut

Lenders have taken action on fixed and floating rates after the Reserve Bank cut the Official Cash Rate to a record low of 1%. Here's a roundup of the cuts as of Thursday morning:

Thu, Aug 8th 2019 08:50AM

OCR will fall further: economists react to shock cut

OCR will fall further: economists react to shock cut

3 min read
Reserve Bank surprises markets with 1% OCR

Reserve Bank surprises markets with 1% OCR

2 min read
OCR decision revealed

OCR decision revealed

2 min read
ASB lifts annual profit 8% but says underlying growth was subdued

ASB lifts annual profit 8% but says underlying growth was subdued

5 min read
3 reasons SMEs struggle to get finance

3 reasons SMEs struggle to get finance

4 min read
OCR will fall to 0.75%: Kiwibank

OCR will fall to 0.75%: Kiwibank

2 min read
Economists unanimous on rate cut

Economists unanimous on rate cut

2 min read
Newpark in discussions with banks on new regime

Newpark in discussions with banks on new regime

2 min read
General Finance doubles loan book

General Finance doubles loan book

2 min read
OCR cut almost certain: BNZ

OCR cut almost certain: BNZ

2 min read
Fixed rates to fall further: Westpac

Fixed rates to fall further: Westpac

2 min read
Investor lending flat in June

Investor lending flat in June

2 min read
Tough servicing rates could be eased

Tough servicing rates could be eased

2 min read
Changes at Loan Market and NZFSG

Changes at Loan Market and NZFSG

2 min read
BNZ slashes two-year rate to 3.79%

BNZ slashes two-year rate to 3.79%

1 min read

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