New Zealand - ANZ to increase floating rate home loan

ANZ Bank New Zealand will increase the interest rates on its floating and flexi home loans by 0.15

And, on the other side of the ledger, will also increase interest rates on a number of savings and call accounts

Comes in the wake of the Reserve Bank of New Zealand rate hike:

• New Zealand - RBNZ hike the cash rate by 0.25%, as expected

• Monetary Stimulus Further Reduced - Official Cash rate raised to 0.50 percent