Ups and downs to end the week

We've had two banks makes changes to rates. The Co-operative Bank has taken 16 basis points of both its four and five year rates.

ASB, and Sovereign, have made changes to six terms. The one-year rate has risen, while there have been cuts to all terms longer than a year. Some put them into competitive pricing positions. To see how the table stacks up on the critical two-year term CLICK HERE

Important news for advisers: Parliament sent the new financial adviser law reform package to Select Committee. [READ ON]

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