ANZ (Australia and New Zealand Banking Group)

Nah, couldn't even afford it.

The ANZ Bank were trying to throw me out.

Friday, I put my invoice in at 3.30 p.m.

He paid me at 5 p.m.

I'm telling you, man.

I was fucking

– had my first house, ANZ.

I was wrecked.

So to my knowledge, all the big banks in Australia are actually built, they've got digital asset teams and they're actively building projects and building capabilities and infrastructure around this as well.

Yeah, we did report a couple of weeks ago, we know ANZ's at the forefront of

that at the moment also.

Absolutely.

to guide them on interest rates they meet on Melbourne Cup Day and if I look at the response from many of the chief economists now of the big banks they're all predicting now an interest rate increase on Tuesday.

The ANZ says a rate hike is locked in.

Westpac says a rate hike is very likely.

CBA had been issuing a hold for rates next week.

For the full picture, you'll have to either see the video on YouTube is the best way, but I'll read through some of the highlights.

So we've got Perth predicted to do plus 4% in 2027 by CBA, plus 5% by Westpac, negative 3% by ANZ, 5% to 9% by Domain, and negative 2% to negative 4% by NAB.

NAB's prediction is the most recent done in August.

I tend to agree more with NAB's prediction because this is for the overall median price, negative 2 to negative 4 at the overall median house price.

That's coming up in our 5 Things in 5 Minutes on Wednesday, October the 28th.

And then in our deep dive interview, ANZ economist Maddy Dunk outlines ANZ researchers' latest Australian house price forecast revisions.

We're looking for housing prices across the capital cities to fall 6.2% this year and 4.5% next year.

But first in 5 and 5 with ANZ, US markets firmed overnight on higher consumer confidence ahead of the FOMC's US rate decision tomorrow morning, Australian New Zealand time.

ANZ economist Buncee Madhavani says the market consensus is for the Fed to hold.

However, Buncee says ANZ Research is forecasting another 25 basis point hike.

The reasoning is pretty simple.

At the September meeting, Chair Walsh highlighted three factors behind the committee's unanimous decision to raise rates then, which was a strong economy, persistent inflation pressures, and elevated geopolitical risk.

Like the bank's mortgage manager, if you were to go to somebody directly who worked for a bank, like a mobile mortgage manager, they've got an incentive to say, well, go with my bank because they can only sell you a mortgage or get you a mortgage from the bank they work for.

If you go to a Westpac mobile mortgage manager, They're not able to arrange a mortgage for you from BNZ or ANZ, right? So they've got no incentive to send you across the road and say, no, don't actually come to Westpac.

Go get your mortgage from BNZ because they've got their own targets to hit, right? And actually, it reminds me of BNZ's ads at the moment.

Have you seen some of these? I saw one yesterday that said, work directly with the decision maker.

It's just a pity more governments didn't take on board what he says often.

But Saul, of course, would be known to many of our listeners and watchers as an economist who was chief economist for the ANZ for many years.

He was also CEO of the commission of audit that the Kennet government set up in 1992, 93.

But Saul has ventured into territory that I certainly haven't read previously.

And it's going to go.

The ANZ says we can't look after it.

We don't need it anymore.

And people are horrified.