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Other banks expected to follow ANZ cut
ANZ National Bank has slashed its variable home mortgage rates - putting pressure on other banks to follow suit.
Bollard may hold to mid-year timing for OCR hike, start in April
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.
Kiwi dollar tumbles overnight
The New Zealand dollar kept tumbling overnight, after yesterday's inflation news morning when data showed easing inflation pressures.
Aust job ads grow quickly in December
The number of jobs advertised in major Australian newspapers and online rose by 6 per cent in December, the strongest monthly growth since May 2007.
Banks to pay taxman billions
NZ's big four Australian-owned banks and the IRD have announced a settlement of their disputes over structured finance deals.
Market awaits next move in AXA battle
ANZ is keeping tight-lipped on whether it will make a tilt for a wealth management business.