Financial Advice New Zealand PI insurance details; Short term rates drop, longer terms rise

Thursday, June 10th 2021, 9:50AM

Professional indemnity insurance costs are set to rise for those using the Financial Advice New Zealand liability programme over the next 12 months: [READ ON]

Several rate changes to report this morning, as the trend of falling short term and rising long term rates continues.

BNZ has cut its classic 6 month and 18 month loans to 2.99% and 2.45% respectively.

ANZ's one year special falls to 2.19%.

And The Co-operative Bank's 18 month special falls to 2.45%, with its standard 18 month rate at 2.95%.

Each of the banks has raised three to five year home loans, however. Find out more on our rates table.

 

Tags: Financial Advice New Zealand

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