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Banking

Commonwealth Bank raises interest rates to match NAB, ANZ, Westpac

admin May 5, 2023 0 Comments

Commonwealth Bank has raised interest rates following four other big banks after the Reserve Bank's latest hike. CBA raised its variable home loan rates by 0.25 percent, in a move…

Banking

Interest Rates, Mortgage Rates: NAB, ANZ, Westpac increase interest rates by 0.25 percentage points

admin May 4, 2023 0 Comments

Three of the four major banks have increased their mortgage rates following the Reserve Bank's latest hit to interest rates.Westpac and ANZ announced on Thursday that they would increase variable…

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Suppose we now have an interest rate/inflation spiral, and it has been created by the Bank of England.

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