RBA governor Philip Lowe said the increase reflected a business-as-usual approach, signalling that increments of 25 basis points could be the bank’s preferred option in the future.
The US Federal Reserve is widely expected to raise its Fed funds rate by half a percentage point on Thursday , CBA argues the cash rate will reach 1.6 per cent next year and stay there because it does not believe that inflation will be a problem domestically over the medium term.
Where's my deposit rate increase. Or do we need another royal commission. Big banks still out of control. 🤬
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NAB joins Commonwealth Bank, ANZ and Westpac in passing on full interest rate rise to customersNAB is the last of the major banks to announce it will lift its interest rates following the RBA's decision on Tuesday.
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CBA and ANZ match RBA’s hike in interest ratesThe Commonwealth Bank has passed on the full value of the Reserve Bank’s increase in interest rates to mortgage customers as the era of ultra-cheap home loans comes to an end | clancyyeates clancyyeates Sickening lol clancyyeates Australians will be forced out of their homes due to high interest rates and insurance due to Scotts policies. Scotts, LNPs 20yrs of stymying/blocking renewable energy thats going down, Scotts fossil fuels which go higher every day contributing to high interest rates & insurance clancyyeates Surprise surprise. Couldn't cut the full amount, but they sure can pass on the full amount when the rate goes up.
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CBA and ANZ match RBA’s hike in interest ratesBreaking: The Commonwealth Bank and ANZ Bank will pass on the full value of the Reserve Bank’s increase in interest rates to mortgage customers as the era of ultra-cheap home loans comes to an end clancyyeates | RBA rates mortgage
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CBA, ANZ to raise variable mortgage rates by 0.25 per cent, matching RBA rate hikeThe Commonwealth Bank is the first major bank to announce an increase in mortgage rates, matching the RBA's 25-basis-point increase. Holy phucking crap Wont be long as theyve been signalled to raise without FedReserve So quick to raise their mortgage rates, so slow to raise their savings rates……
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Commonwealth Bank and ANZ match the Reserve Bank’s cash rate riseThe Reserve Bank of Australia's decision to raise the cash rate has forced the Commonwealth Bank and ANZ to pass on the increase to their customers by raising variable home loan interest rates by 0.25 per cent. Forced them to hmmmm 🧐 Why are comments being deleted
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