In an interesting move today ASB and Sovereign have lowered fixed rates across the board. However, so-called Specials have generally only gone down 10 basis points, while carded rates are down 20 points in some cases.
Also Westpac has slightly reduced its two-year Special.
Here is how everything stacks up on the two-year term from lowest to highest.
| « Two-year cut labelled pre-Election Special | New norm for two-year Specials » |
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