Heartland Ends Digital Home Loans | ANZ Predicts More OCR Cuts

Monday, March 3rd 2025, 9:47AM

Heartland is pulling the plug on its digital home loan offering, while ANZ predicts further OCR cuts ahead.

Heartland Group has announced it will phase out its online-only home loan product, citing low returns, despite digital banking successes elsewhere. [READ MORE]

ANZ economists now forecast the OCR to drop to 3% by mid-year before potential increases, as economic recovery remains slow. [READ MORE]

« Mortgage surge: who’s borrowing big and who’s losing out?Home loan delinquencies climb - financial hardship at record levels »

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