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  • ANZ Cuts Variable Mortgage Rates by 25bps

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    Latika M Bourke
    69 tayangan1 halaman
    ANZ will lower interest rates for variable rate mortgages by 0.25%pa. Follows yesterday's decision by the Reserve Bank of Australia's to reduce the Cash Rate. ANZ's new standard variable rate will be 7.55%pa (7.65%pa comparison rate)1.

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    ANZ will lower interest rates for variable rate mortgages by 0.25%pa. Follows yesterday's decision by the Reserve Bank of Australia's to reduce the Cash Rate. ANZ's new standard variable rate will be 7.55%pa (7.65%pa comparison rate)1.

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    69 tayangan1 halaman

    ANZ Cuts Variable Mortgage Rates by 25bps

    Diunggah oleh

    Latika M Bourke
    ANZ will lower interest rates for variable rate mortgages by 0.25%pa. Follows yesterday's decision by the Reserve Bank of Australia's to reduce the Cash Rate. ANZ's new standard variable rate will be 7.55%pa (7.65%pa comparison rate)1.

    Hak Cipta:

    Attribution Non-Commercial (BY-NC)
    Unduh sebagai PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    dari 1

    Media Release

    For Release: 2 November 2011

    ANZ cuts variable mortgage rates by 0.25%pa


    ANZ today announced it will lower interest rates for variable rate mortgages by 0.25%pa following yesterdays decision by the Reserve Bank of Australias to reduce the Cash Rate. ANZ CEO Australia Philip Chronican said: Were acutely aware that many of our customers are doing it tough and despite higher funding costs were pleased to be able to pass on the reduction in the Cash Rate in full. Effective 14 November 2011, ANZs new standard variable rate will be 7.55%pa (7.65%pa comparison rate)1. For media enquiries contact: Stephen Ries Senior Manager Media Relations Tel: 03-8654 3659 or 0409-655 551 Email: stephen.ries@anz.com

    1 Comparison Rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only.

    Australia and New Zealand Banking Group Limited

    ABN 11 005 357 522

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