Effective 11th December, Homeloans Ltd reduced their one to five year fixed rates on the Optima product range by up to 30 basis points.

Effective 9th December, Macquarie Bank reduced their one to five year fixed rates by up to 30 basis points.

Effective 28th November, ASB and Sovereign both reduced their one and three year special fixed rates by up to 14 basis points. They also introduced an 18 month special fixed rate of 5.7 percent per annum.