ANZ unjustified in withholding full OCR cut
ANZ Bank's choice to pass on less than half yesterday's official cash rate cut is unjustified, says a specialist publisher. With special audio feature.
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ANZ Bank isn’t justified in passing on less than half the Reserve Bank’s cut in the official cash rate to its floating rate mortgage customers.
That’s the view of Philip Macalister, publisher of specialist publications including websites GoodReturns and MortgageRates and The Mortgage Mag.
The
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Jenny Ruth
Fri, 11 Mar 2016
Fri, 11 Mar 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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ANZ unjustified in withholding full OCR cut
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