CBA, ANZ and Westpac match RBA’s hike in interest rates - Sydney Morning Herald
5/3/2022 12:00:00 AM3 years 10 months ago
by Clancy Yeates
by Clancy Yeates
CBA, ANZ and Westpac will pass on the full value of the Reserve Bank’s hike in interest rates to borrowers, as the era of ultra-cheap mortgages comes to an end.
ANZ group executive for Australian retail Maile Carnegie highlighted the large number of borrowers who were ahead of their minimum repayments, alongside the very high level of household deposits amas… [+2043 chars]
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