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FMA will look at how long banks take to pass on OCR changes

FMA will look at how long banks take to pass on OCR changes

With the Conduct of Financial Institutions (CoFI) legislation having kicked in from March 31, one of the things that the Financial Markets Authority (FMA) will be focusing on will be how quickly banks pass on changes in the official cash rate (OCR) to borrowers.

Jenny Ruth

Wed, Apr 9th 2025 06:00AM

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Longer term fixed interest rates slowly bite into floating terms

Longer term fixed interest rates slowly bite into floating terms

Wild is the wind blowing through RBNZ

Wild is the wind blowing through RBNZ

Three offers recommendation lost in translation - ComCom

Three offers recommendation lost in translation - ComCom

Borrowers behind in mortgage payments ebbing

Borrowers behind in mortgage payments ebbing

Solution could be in the wings

Solution could be in the wings

RBNZ does a u-turn on bank capital requirements

RBNZ does a u-turn on bank capital requirements

Interest rates expected to plateau soon

Interest rates expected to plateau soon

Why was Westpac slow in passing on OCR cut?

Why was Westpac slow in passing on OCR cut?

Mortgage borrowers switching to new lenders continues at a steady pace

Mortgage borrowers switching to new lenders continues at a steady pace

Aggregators putting the pressure on - NZFSG

Aggregators putting the pressure on - NZFSG

Aggregators should be pushing back on banks

Aggregators should be pushing back on banks

Differing messages on the economy

Differing messages on the economy

Cashbacks rather an interest rates the fight for banks

Cashbacks rather an interest rates the fight for banks

Four decades of 6-7% yearly house price growth ending

Four decades of 6-7% yearly house price growth ending

Turnaround times for mortgage applications spin out again

Turnaround times for mortgage applications spin out again

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