
Westpac BLINDSIDES Kiwis With a Mortgage Rate Shock
From Duncan Garner - Editor In Chief
Published 12/11/2025

From Duncan Garner - Editor In Chief
Published 12/11/2025
Westpac has stunned everyone. The Reserve Bank cuts the OCR, the government does a victory lap promising relief is finally coming, and then Westpac sprints out of the blocks with a mortgage rate hike. Kiwis are on their knees, desperate for a break, and the bank that holds the government contract…