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Interest rates Australia: Read virtue signalling of major banks ANZ, Westpac, CommBank - Vimarsana News

Interest rates Australia: Read virtue signalling of major banks ANZ, Westpac, CommBank

Australia's big four banks have declared they care about their customers despite being quick to hike their mortgage rates but being slow to raise savings rates since rates first went up in May.

CBA first to pass on full rate rise - Vimarsana News

CBA first to pass on full rate rise

The banks were trading higher on Wednesday after Commonwealth Bank became the first big bank to move on rates for home loans and depositors.

Source: afr.com
RBA interest rates: How savers are being short-changed by the latest rises - Vimarsana News

RBA interest rates: How savers are being short-changed by the latest rises

Analysis shows what savers need to look out for to make sure they get the full 50 basis point rate rise.

Source: afr.com
Interest rate rise: banks set to protect margins amid mortgage pressures - Vimarsana News

Interest rate rise: banks set to protect margins amid mortgage pressures

The latest 0.5 percentage point RBA rate rise is set to be passed through in full, bolstering bank profits but adding to headwinds as loan levels and approval rates fall.

Source: afr.com
Cash payments for Australians with money in the bank - Vimarsana News

Cash payments for Australians with money in the bank

Commonwealth Bank has so far failed to pass on the latest official interest rate rise to everyday savers, but Westpac, NAB and ANZ have.