Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo
Lender

ANZ drops variable rate by further 0.25 pc

3 minute read
The Adviser

ANZ today announced that it will cut its variable rate by 0.25 per cent only days after slashing rates by 0.80 per cent.

According to a report in Reuters late this afternoon, the quarter per cent cut will be effective from Monday October 27.

The bank accredited the move to improvements in wholesale funding markets as recent policy measures in Australia and overseas boosted investor tor confidence.

Published: 17-10-08

Today's other news

default

JOIN THE DISCUSSION

You need to be a member to post comments. Become a member for free today!
You have 0 free articles left this month.
Register for a free account to access unlimited free content, or become a PREMIUM MEMBER to enjoy a wide range of benefits