ANZ leaves variable mortgage rates unchanged following independent monthly review

ANZ has left its variable mortgage rates unchanged today following its monthly independent interest rates review.

This follows the RBA leaving the cash rate unchanged at 3.50% on September 5.

The bank's standard variable mortgage rate remains at 6.8% per annum.

It's the fifth month in a row that the bank has not adjusted its variable mortgage rates since moving out of the step with the RBA in January.

On April 13 the bank lifted variable mortgage rates by 0.06 percentage points after the RBA left rates unchanged at its April 4 meeting.