Finally a change
Thursday, November 11th 2010, 9:03AM
We have movement. BNZ has changed some of its fixed rates - albeit by tiny amounts. It has dropped its one and two year rates for its Standard and Global Plus products by around 5 basis points each.
There is still plenty of discussion going on amongst brokers and one comment worth a read is Finlay Abbott's missive which, amongst other things, explains why he belongs to the NZMBA. You can read it here (it's at the bottom of the comment list).
Also we have news on what sole trader brokers and advisers should be doing witn regards to regulation. That story is in the Regulation section here.
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