Australia's 'Big Four' banks to hike home loan rates to match RBA move

United States News News

Australia's 'Big Four' banks to hike home loan rates to match RBA move
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Australia's so-called 'Big Four' banks said on Thursday they would pass on the central bank's latest quarter-percentage point interest rate hike in full to their home loan customers.

The move comes as the lenders continue to move in lockstep with the Reserve Bank of Australia , whichAmong the top four lenders, the Commonwealth Bank of Australia.

The move comes as the lenders continue to move in lockstep with the Reserve Bank of Australia , whichAmong the top four lenders, the Commonwealth Bank of Australia
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AUD/USD stays pressured at four-month low under 0.6600 as RBA’s Lowe sounds dovishAUD/USD stays pressured at four-month low under 0.6600 as RBA’s Lowe sounds dovishAUD/USD holds lower grounds near 0.6585-80, the lowest levels since early November 2022, showing little reaction to Reserve Bank of Australia (RBA) Go
Read more »

Australia: RBA delivers a 25 bps rate hike – UOBAustralia: RBA delivers a 25 bps rate hike – UOBEconomist at UOB Group Lee Sue Ann comments on the recent decision by the RBA to lift the OCR by 25 bps to 3.60% at its event on March 7. Key Takeaway
Read more »

Brice Sensabaugh Named Third-Team All-Big Ten, Makes Big Ten All-Freshman TeamBrice Sensabaugh Named Third-Team All-Big Ten, Makes Big Ten All-Freshman TeamBrice Sensabaugh is a third-team All-Big Ten selection and made the Big Ten All-Freshman team while Zed Key and Justice Sueing were both honorable mentions.
Read more »

‘Blue Rush’ Podcast Episode 143: Daniel Jones Gets Major Payday to Stick With Giants Long-Term‘Blue Rush’ Podcast Episode 143: Daniel Jones Gets Major Payday to Stick With Giants Long-TermDaniel Jones just got paid big time: $40 million a year, $160 million over four years.
Read more »

Bring historic NASA missions to your fingertips with new ORLY nail polishesBring historic NASA missions to your fingertips with new ORLY nail polishesThese four new lacquers shine in four shades of space history.
Read more »

Dovish RBA hike frustrates AUD bulls – SocGenDovish RBA hike frustrates AUD bulls – SocGenRBA raises the cash rate target (CRT) by 25 bps to 3.60% but hints at a pause as early as next meeting. The AUD enjoyed a terrific start to 2023, but
Read more »



Render Time: 2025-02-24 19:40:35