National Bank has hiked up it one-year rate by 16 basis points to 6.15%, it also raised its 18-month rate by 15 points to 6.60%. National Bank last increased its one-year rate back in October and now with this move, BNZ is offering the lowest rates for this term at 5.99% through to 6.09%.
Westpac's September quarter results are in showing an above average lending growth.
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