…………………………………………………………………………..f Shortly after ANZs announcement to increase their variable interest rates the Commonwealth Bank decided to increased it interest rates for its home loans and investments loans. This change will most likely affect BankWest variable interest rates as they are a subsidiary of CBA> The 0.15% increase will be affect 4th October 2018. If you Read More
In a sneaky late Friday afternoon announcement to avoid media criticism, ANZ Bank have increased it interest rates for its home loans and investments loans by 0.16%. The changes will be effective 27th September 2018, however, the increase will not affect customers in drought declared regional areas.
Septembers 2018 meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We have seen Westpac, St. George, RAMS, Bank of Melbourne, Suncorp, Adelaide Bank and Bendigo Bank announced out of cycle variable interest rate rises in the last couple of weeks. We expect other lenders to Read More
Following Westpac’s decision to increase interest rates by 0.14%, Suncorp, Adelaide Bank and Bendigo Bank increase their variable home loan rates. This is Suncorp’s second rate rise in the last 6 months and they will be increasing their interest rates by 0.17% from September 14th. They will also be increasing their business lending rates by Read More