ANZ news

  • Bank margins not as bad as claimed by Adam Smith

    Banks have claimed shrinking margins are at fault for their decision to hold back part of the RBA's rate cuts, but RBA figures show the situation may not be as dire as claimed

  • AB issue 9.09 by AB

    New ‘unfair’ liability as NCCP enhanced; MFAA closely watching commissions; Advantedge spruces up white labels; Forum: Brokers on commission bans; Feature: Business building via BNI; Insight: Three keys to cross-selling; Market talk: Suburbs set to crash; Caught on camera: Vow goes mini.

  • Big four have held back 55bps from borrowers by Adam Smith

    The major banks have held back an average of 55bps of the RBA's cash rate cuts since September 2008

  • Only one lender passes on full RBA cut by Adam Smith

    Only one bank has thus far passed on the RBA's 50bp cut in full, with the majors holding back on home loan customers

  • NAB, CBA move, but not all the way by Mackenzie McCarty

    CBA has proved the most generous of the major banks in the latest round of variable rate cuts that have follwed the RBA's Tuesday cut

  • Mortgage lending props up ANZ Australia by Mackenzie McCarty

    ANZ's local mortgage lending helped boost its Australian division's fortunes in the half year to March, despite subdued credit growth