Variable Interest Rate Increase

Variable Rate Changes

ANZ today announced an increase to Variable interest rates of 0.10 percent pa as a result of sustained increases in funding costs associated with the turmoil in global markets, effective Monday, 28th April 2008 (the interest rate applies at settlement not approval):

Variable interest rate home loans that are increasing are the ANZ Standard Variable Rate Home Loan, ANZ Money Saver Home Loan and the ANZ Equity Manager.

Please contact your finance broker on o2 8002 4035 for further information.

The next Reserve Bank of Australia media release following the RBA board meeting will be,
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