-
ANZ delivers rate cut
- June 8, 2012
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, House prices, Inflation, Interest rate, Wealth
No CommentsIn a move that will likely surprise the market, ANZ has passed on the RBA’s full 25 basis point cash rate cut. The lender is the first of the majors to move, cutting interest rates by 25 basis points, from 7.05 down to 6.80 per cent, effective 15 June. The move will put other major lender NAB