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20 Apr 2024 9:45
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      Home > News > Business

    The country's largest bank is lifting its floating home rate, following the latest hike to the Official Cash Rate

    The country's largest bank is lifting its floating home rate, following the latest hike to the Official Cash Rate


    The Reserve Bank of New Zealand lifted the OCR by 50 basis points.

    The ANZ Floating home loan interest rate, ANZ Flexible home loan interest rate and Blueprint to build
    will go up by point five percent each.

    Business floating and Business overdraft base rates will also go up 0.5 percent, with the bank saying it will continue to provide targeted support for businesses that need it.

    There is no change to ANZ fixed home loan rates.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    		 Entertainment:
    Brian Cox has slammed Joaquin Phoenix's portrayal of Napoleon as "truly terrible" 9:40

     Soccer:
    The Wellington Phoenix have had a hiccup in the race to finish the regular season on top of the A League ladder, only managing a 1-all draw against the Jets in Newcastle as they missed a host of scoring opportunities, including a penalty in added time 9:37

     Motoring:
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     Auckland:
    Great North Road in Auckland's Grey Lynn has now reopened after a fatal crash this morning 9:27

     Entertainment:
    Prince Harry paid tribute to Princess Diana during a surprise virtual appearance for his green travel initiative 9:10

     Entertainment:
    Kelly Clarkson's ex-husband Brandon Blackstock is arguing her latest lawsuit against him should be dismissed 8:40

     Environment:
    What looks to be a serious leg injury to All Blacks hooker Asafo Aumua has detracted from an eighth-straight Super Rugby win for the Hurricanes 8:37

     Motorsports:
    McLaren's Lando Norris has nabbed pole position in a wet sprint qualifying session at Formula 1's Chinese Grand Prix 8:37

     Law and Order:
    A man who once threw a Molotov cocktail into Sir John Key's electorate office, has admitted setting the Huntly Railway Building on fire 8:17

     Entertainment:
    Olivia Munn says "nothing" could have prepared her for the emotional shock of seeing her body after she underwent a double mastectomy 8:10

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