Pricier loans could be on the cards

  • Homeowners with mortgages are being warned a credit rating downgrade for the big four banks could be bad news for their repayments.

Credit rating agency Moody’s has downgraded a dozen Australian banks, including the big four, citing increased risks in the nation’s increasingly indebted households.


The big four Australian banks, which operate BNZ, ANZ, Westpac and ASB in New Zealand, have had their ratings downgraded by Moody’s.

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Filed under Australian Property & Real Estate News, Homes & Property New Zealand, International Property News, New Zealand Property & Real Estate News, Uncategorized

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