All of the big four banks and several smaller ones have now passed on yesterday's 0.5% rate rise in full to their mortgage clients. Many homebuyers need an extra $300 a month with more hikes in-store, but there could be some relief next year. 7NEWS
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Big four banks to pass on full rate rise to customersAustralia’s largest bank will increase mortgage rates by 0.5 percentage points, as it passes on the Reserve Bank’s latest rate rise to customers in full. RBA rates
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Big four banks to pass on full rate rise to customersThe four major banks will increase mortgage rates by 0.5 percentage points, passing on the Reserve Bank’s latest rate rise to customers in full.
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Big four banks pass on the RBA’s interest rate riseFollowing the Reserve Bank of Australia’s largest interest rate rise in 22 years, a number of institutions have passed it on in full to customers. See if your bank is one of them.
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Westpac passes on RBA rate rise in fullWestpac is the first major bank to announce its interest rate decision, saying it would increase mortgage interest rates by 0.5 percentage points.
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