7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
ANZ has joined the rest of the big four banks in slashing its fixed rates on its home loans. The major bank joined the below 6 per cent club on Friday when it cut rates by up to 0.7 percentage points.
Reserve Bank Board releases interest rate decision. ANZ had held out on changing rates, while its banking peers were busy making cuts in recent months. National Australia Bank slashed fixed rates for owner-occupiers and investors on Tuesday after it became the first of the big four to offer fixed rates below 6 per cent when it initially dropped rates in July. Commonwealth Bank and Westpac also lowered fixed home loan rates in August. ANZ’s lowest fixed rate is now 5.
Business ANZ Bank Business Banking Business Finance Lifestyle Personal Finance
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ANZ ASX: ASIC raids four properties in ANZ bond manipulation probeThe move was part of efforts to gather evidence as the regulator investigates the bank over allegations it improperly profited from a $14 billion bond sale.
Read more »
CBA ANZ WBC NAB ASX: How the big banks conquered CanberraThe big four bank chiefs can stride confidently into the capital. Perhaps the supermarkets, now under attack, can learn something from their rehabilitation.
Read more »
ANZ becomes last of the big banks to cut fixed rates this yearANZ has cut fixed rates on its home loans after holding out for several weeks longer than its big bank competitors.
Read more »
South Australia council reverses decision to change date of Australia Day eventsIt comes after the council changed the date this year without community consultation.
Read more »
Australia’s northern neighbours cautious over US military build-up in Northern AustraliaAs US military presence ramps up in the north, experts say one of Australia's closest Asian neighbours is growing wary that the US's expanded presence could bring rising tensions to the region.
Read more »
Australia news live: ‘stronger Quad means stronger Australia’ Albanese says after meeting with summit leadersFollow today’s news live
Read more »