Wake Up Call: Australian PM trolls NZ

Scott Morrison formerly lauded the New South Wales strategy as the 'gold standard'. The state recorded more than 700 new cases yesterday. (Image: Supplied)

Staff reporters

Wed, 25 Aug 2021

Summary ANZ has rolled back mortgage rate rises announced last week just before the lockdown hit. It’s a celestial theme today as some of NZ’s biggest companies report annual results. Ministers continue to front for special select committee grillings on their handling of the pandemic.Mortgage gymnastics ANZ has backflipped on its mortgage rate rises announced just before the lockdown began and dropped them again. ANZ jumped the gun ahead of the RBNZ’s expected official cash rate (OCR) rise last Wednesday, but the RNBZ decided...

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