SYDNEY: Two more of Australia’s big banks have raised home loan rates, heaping additional pressure on indebted households.
Commonwealth Bank of Australia, the nation’s biggest mortgage lender, and Australia & New Zealand Banking Group Ltd (ANZ) both raised their key standard variable mortgage rate yesterday, joining Westpac Banking Corp, which was the first of the big four to move last week.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
