	westpac drops new zealand indicator lending rate westpac banking corp wstp s said it is cutting its indicator lending rate to pct from pct effective from june westpac said in a statement various other lending rates are also being revised downwards the westpac move follows base rate drops by other new zealand trading banks recently bank of new zealand s base rate drops to pct from on june and national bank of new zealand ltd s rate falls to pct from on june the australia and new zealand banking group ltd anza s rate remains at pct reuter 
