Mortgage News

ANZ's new mortgage lending all but dried up in Dec qtr

Wednesday 11th of March 2009

Its December quarter general disclosure statement shows the bank increased its mortgage book by just $47 million to $49.67 billion in the three months.

Using Reserve Bank figures as a proxy for total lending on residential housing by banks, ANZ accounted for just 1.9% of the increase in the three months ended December 31.

Total bank lending on residential housing increased by $2.4...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.