Westpac has now followed ANZ with some ~+30 bps mortgage rate rises of their own. They have matched ANZ at 5.45% for the one year fixed rate, but have set a lower benchmark for 18 months and two years. And they have declined to follow ANZ for the three year rate up, leaving their rate at 5.65% and -30 lower than ANZ's rate for that fixed term. In fact, Westpac is now (and still) the most competitive of any of the big banks for three years fixed. Will other banks move up? It isn't certain they will, but it does seem likely.

https://www.interest.co.nz/personal-finance/117732/first-bank-take-some-mortgage-rate-space-offered-anz-recently-westpac

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