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ANZ rejected farmers' pleas to keep homes
An ANZ executive says he feels sad about the bank’s refusal to let a struggling Victorian farming family keep their homes.
News
An ANZ executive says he feels sad about the bank’s refusal to let a struggling Victorian farming family keep their homes.
News
Confidence levels within South Australia’s property sector are at the highest levels on record, but developers aren’t optimistic about the State Government – or the future of the local economy.
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Struggling dairy farmers could soon receive more assistance from the Federal Government with Prime Minister Malcolm Turnbull asking the Opposition to back the plan.
ANZ will suspend loan repayments and waive fees as part of an assistance package for dairy farmers hit by cuts to farmgate milk prices.
ANZ has joined the other three big banks in dropping home loan interest rates following the Reserve Bank’s official interest rate cut. But, unlike the NAB, CBA and Westpac, it won’t pass on in full the RBA’s 25 basis point reduction.
ANZ has cut its interim dividend for the first time since the global financial crisis after its first-half cash profit slumped 24.3 per cent drop to $2.782 billion.
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