- ANZ has reduced the interest rate on one and two year fixed home loans by 100 basis points to 5.99% for both terms.
- Rates for all other terms have been reduced by at least 16 basis points.
- Also effective Monday, ANZ said its variable business loan rates will be reduced by between 40 and 50 basis points.

Other headlines for [ANZ.AU]

• ANZ.AU Yesterday 11:06pm
  ANZ Bank Sold A$2.6B of 5 yr government-guaranteed debt at 110bps/swap- The offering was comprised of A$1.5B of fixed rate debt and A$1.1B of floating rate notes.
  
• ANZ.AU 1/4/2009 05:25pm
  ANZ Bank The company has opened a NZ banking branch- No further details at this time
  
• ANZ.AU 12/17/2008 07:33pm
  ANZ Bank Says provisions at 1.1% of credit weighted assets; Tier 1 ratio is 8.35%- NZ economy has weakened significantly, expected to contract in 2009 - Financial volatility likely to continue - Sees more...
  
• ANZ.AU 12/16/2008 10:10pm
  ANZ Bank Reports tier 1 capital ratio of 8.35% v 8.1% prior- ANZ's capital position remains and is among the strongest of the major Australian banks
  
• 12/8/2008 06:08pm
  (AU) Despite the gains being seen on Australia's S&P/ASX, shares of the large banks are lower- Commonwealth is down by more than 7%, NAB is lower by more than 2% and ANZ is down by close to 2%. - more...
  

Financials sector headlines

• HF Today 07:51pm
  HFF Inc To cut 12% of workforce in multiple lines of business- Affects approx 55 jobs
  
• AGS.UK Today 07:50pm
  Aegis Group Holder Mr. Bollore plotting 90p/share bid for company - FT
  
• CLMS Today 05:13pm
  Calamos Asset Management, Inc Announces it has cut 12% of workforce (about 40 jobs)
  
• LYG Today 04:45pm
  Lloyds TSB Group plc DoJ: Llyods TSB to pay $350M settlement over helping Iran and Sudan gain illegal banking access to US banking- the bank engaged in falsifying records that allowed access to countries that were more...
  
• EQR Today 04:10pm
  Equity Residential To take Q4 impairment charge of $0.39/shr due to reduced development activitiy, could implement more workforce reductions- The impairment charge is the difference between each parcels estimated fair more...