ANZ
Westpac and ANZ face backlash after rate hike
Eric Johnston ANZ and Westpac are bracing themselves for a customer backlash after becoming the first banks in four years to put up rates without guidance from the Reserve Bank.
Angry ANZ customers can walk: Swan
Federal Treasurer Wayne Swan says ANZ customers will be ‘‘ropable’’ at the bank’s decision to raise rates, but has reminded them they can find a better deal.
ANZ move is damage control
Eric Johnston In lifting mortgage rates by just 6 basis points, ANZ hopes to please its investors, while trying to minimise the provocation to customers and politicians.
ANZ, Westpac lift mortgage rates
Chris Zappone Hope for a cut in interest rates at the start of this week has turned to dismay for borrowers as two of the big four banks raise mortgage rates.
ANZ stand raises the bar on rates
Elizabeth Knight It's probably a better than odds-on bet that ANZ Bank will raise its variable interest rate today - setting a new industry agenda and cementing the fact that the large commercial banks have stolen...
ANZ stings new clients in rate rise
Peter Martin and Eric Johnston ANZ has quietly lifted the mortgage rate it charges new customers.
Bold and bootyful ANZ set to lead the rate pack
Elizabeth Knight The banks are about to usurp the Reserve Bank by dictating interest rate structure.
Will ANZ burst the dam of public anger?
Chris Zappone Just how close is the public's anger with the banks to bursting? ANZ may find out tomorrow if it raises its lending rates.
Bourse ends week on a low after weaker profit reports
Gareth Hutchens The sharemarket lost ground this week despite hints of progress on the long-awaited austerity agreement in Greece, after ''disappointing'' profit results from the big miners, and as the Reserve Bank...
'Grumpy' investors take stocks lower
Gareth Hutchens Unspectacular profit results from big miners dragged the sharemarket lower yesterday.
Banks: deep pockets, short arms and shorter memories
Michael West It's a tough struggle in the world of the big four banks, especially when rewriting history.
More than greed at play in banks' rate rises
Malcolm Maiden I would love to have been sitting in on ANZ's meeting yesterday, when the decision was made.
ANZ staff warn of increase in fraud
Maris Beck and Mark Hawthorne ANZ staff are warning of a surge in fraud after the bank cut a sixth of the staff from the unit that polices customer accounts.
Job losses under way as ANZ sends 130 staff packing
Alison Bell THE ANZ has launched its first round of job cuts amid fears that up to 7000 jobs could disappear from the big banks in two years.
ANZ slices as euro woes loom
Mark Hawthorne Three years ago ANZ axed 931 jobs, on a day that became known as ''Black Friday''.
ANZ leaves rates unchanged in first solo move
Chris Zappone ANZ's mortgage customers can breathe a little easier after the bank decided to keep mortgage rates on hold this month.
ANZ to slash hundreds of jobs
Chris Zappone Several hundred Australian jobs expected to go in the first half of the year as bank seeks to cut costs.
ANZ, CBA eye local unit of RBS
ANZ and Commonwealth Bank are considering bidding for parts of Royal Bank of Scotland's Australian unit, sources say.
ANZ rate move to disturb summer's calm
Chris Zappone January typically offers borrowers a break from interest rate anxiety - but not this year, thanks to the ANZ.
ANZ rejects rate ties with RBA
Gareth Hutchens, Eric Johnston A FORMER Reserve Bank governor has said the suggestion banks directly price mortgages on the back of official cash rates was not based on ''economic logic'', with the convention unique to Australia.
