Photo: AFP
The head of one of New Zealand's biggest mortgage broking firms has taken aim at the country's biggest bank for its latest interest rate increase.
ANZ last week lifted its floating home loan rate by 0.1 percent.
That takes it to 5.79 percent.
Squirrel chief executive David Cunningham said the lift would mean an extra $12 million in profit for the bank each year.
He said the rate had previously been in a "no m
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