Tag: ANZ Bank

ANZ Bank recently announced their plan to lend $1 billion to new businesses to demonstrate their commitment to Australia’s small business sector.

When the Reserve Bank cut interest rates, home owners arm-wrestled the banks into passing on the cut. But, as Rohan Gamble finds, small businesses aren’t as lucky:

“Small businesses aren’t just missing out on full rate cuts, business lenders are taking almost double the amount of time to implement the rate reductions.”

Aussie Home Loans has been rejected by ANZ Bank in its quest for the $2 billion needed to revitalise Aussie’s home loans business BusinessDaily reports.