Since the OCR announcement we have seen floating rates and some revolving credit rates come down 25 basis points. Those to move so far include: ANZ, Kiwibank, The Co-operative Bank, SBS and HBS.
Westpac has passed on just 15 points of the cut taking its rate to 6%. The Co-operative Bank has also reduced its two-year rate.
In case you missed it here is what the Reserve Bank governor had to say. Read on
Here's an updated story: Further OCR cuts to come
To see how floating rates stack up here is the table sorted lowest to highest. Show me the lowest rate
