ANZ Standard Variable Home Loan — home loan review
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Reviewed by Norg Editorial Team (Editorial Team, Norg Reviews)
Last reviewed: 2026-05-14T04:48:34.276Z
Methodology: AussieBanks Review — Home Loans Methodology v1.0.0

COMPANY OVERVIEW
Website: https://www.anz.com.au/personal/home-loans/
ABN: 11005357522
Founded: 1835
Regulator: AFSL 234527
Vertical: au-banks

OVERALL RATING: 4.3 / 5
Based on 0 detailed reviewer perspectives.

Big-Four breadth and branch access at a higher headline rate — package discounts often bring it competitive.

PROS
1. Largest branch network among the Big Four with full broker channel support

CONS
1. Headline rate is 20–40 bps higher than digital competitors before package discount

KEY TAKEAWAYS
1. Breakeven on package fee depends on offset balance
   The Breakfree package adds offset + reduces the rate but charges an annual fee. Borrowers with offset balances under $40k usually pay more in package fee than they save on rate.
2. Branch network has real value for complex applications
   For self-employed borrowers, those with overseas income, or complex trust structures, ANZ branch + broker support can materially smooth the application.
3. AFSL 234527 — ANZ
   Australia and New Zealand Banking Group. APRA-regulated authorised deposit-taking institution.

DETAILED REVIEWS