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top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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ANZ first to move on rates

By Staff Reporter
08 October 2009 | 1 minute read

Australia and New Zealand Banking Group (ANZ) is the first of the big four to pass the Reserve Bank of Australia’s (RBA) 25 basis point rate rise on to its customers.

Some of the bank’s selected deposit products will rise by up to 0.50 per cent p.a., including its ANZ Progress Saver up 0.50 per cent p.a. and V2 PLUS up 0.50 per cent p.a.

Interest rates for ANZ’s variable rate mortgage products will also increase by 0.25 per cent p.a. for one and two year terms to 5.70 per cent p.a. and 6.69 per cent p.a. respectively. The ten year term will be reduced 0.25 per cent p.a. to 8.94 per cent.

The rate changes will come into effect from Monday 12 October.

ANZ first to move on rates
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Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.