Kiwibank slashes all fixed rates; Westpac follows

Friday, October 28th 2011, 5:03AM

Latest update: Westpac moves to undercut Kiwibank

Kiwibank has moved quickly after the OCR announcement and slashed all its fixed rates. The cuts range from 10 points for its six month to a massive 51 points on its four year rate. More details of the changes can be found in this article.

Meanwhile Westpac has taken 10 points off its one year rate bringing it down to 5.85%.

Check and compare these new rates here

« OCR held, but for how long? Yep, it's the two-year market for SBS »

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