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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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