Here are the key things you need to know before you leave work today (or if you work from home, before you shutdown your laptop).
MORTGAGE RATE CHANGES
So far, no other bank has followed ANZ with fixed rate cuts. Details here. Update: Kiwibank has trimmed their 6 month and 1 year fixed rates. All rates are here.
TERM DEPOSIT/SAVINGS RATE CHANGES
And no other bank has cut term deposit rates in the same way ANZ has. Details here. Update: Kiwibank has cut all its term deposit rates. All updated term deposit rates less than 1 year are here, for 1-5 years, they are here.
THE DCS IS ALMOST HERE
We have a detailed explainer about the Deposit Compensation Scheme (DCS) with comes into force…