The major banks have slashed their deposits and savings rates, just days before the RBA will announce the nation’s official cash rate ... Bank of Melbourne have also reduced their special term ...
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Australia’s ‘Big Four’ banks slash rates as central bank makes first cut since 2020Australia’s major banks—Commonwealth Bank, Westpac, ANZ, and National Australia Bank—announced 25 basis point interest rate cuts on ... Westpac: Home loan and deposit rates will be lowered ...
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CBA, Westpac, NAB and ANZ cut term deposit interest rates ahead of RBA call: ‘Double-edged sword’More than 20 banks have cut at least one term deposit rate over the last two weeks, Canstar research found, including the major banks. Westpac has cut its 11-month special rate by 0.05 per cent ...
Reserve Bank of Australia deputy governor Andrew Hauser has justified last month’s interest rate cut by releasing ... to the target range in the near term – if anything, a little more rapidly ...
The Reserve Bank of Australia cut the cash rate for the first time since November 2020 by a quarter-point to 4.1% last month. Sign up here. Commonwealth Bank (CBA.AX), opens new tab CEO Matt Comyn ...
Source: AAP CBA has cut several of its term deposit specials, with its 6-month, 10-month and 12-month specials cut by 0.10 per cent. The major bank’s highest available rate is now its 10-month at 4.50 ...
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