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Big banks expected to follow Macquarie and sting home owners with rate rise
Macquarie has already passed on the full increase, and UBS says the big banks are likely to follow, adding about $122 a month on an $800,000 mortgage.
Summary by Sydney Morning Herald
4 Articles
4 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
Big banks expected to follow Macquarie and sting home owners with rate rise
Australia’s fifth-largest lender has already told borrowers it will pass on the central bank’s rate rise in full, but up interest rates for savers by the same amount.
·North Sydney, Australia
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Total News Sources4
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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