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Jenee Tibshraeny: NZ Herald Wellington business editor on ANZ lifting a number of their interest rates

Jenee Tibshraeny: NZ Herald Wellington business editor on ANZ lifting a number of their interest rates

Heather du Plessis-Allan Drive · Newstalk ZB

August 23, 20234m 29s

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Show Notes

ANZ has followed in ASB's footsteps in lifting mortgage and term deposit rates.

Most of the increases target mortgages with two or more years, raising most of those rates by 20 basis points.

NZ Herald Wellington business editor Jenee Tibshraeny says ANZ is blaming rising wholesale interest rates and inflation for these hikes- but it's tough to say if this is a justification. 

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Topics

businessmoneyANZinterest rates