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Will This Bank Merger Make Mortgages Cheaper?⎟Ep. 2464

Will This Bank Merger Make Mortgages Cheaper?⎟Ep. 2464

Episode 2464 Published 1 month, 3 weeks ago
Description

Two New Zealand banks want to join forces and take on the Aussie giants.

In this episode, Ed and Andrew unpack Heartland Bank’s proposed $620 million acquisition of TSB – what it means for competition in the banking sector and why some people in Taranaki aren't convinced it's a good idea.

You’ll learn:

  • The $620m merger is shaking up NZ banking
  • Will more competition mean lower mortgage interest rates?
  • What it means for you if you’re a TSB or Heartland Bank customer

The real question? Is this the start of a stronger New Zealand-owned competitor in banking... or simply two smaller players combining forces without changing much for everyday borrowers?

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