ABC News – Top stories
·general
·2 hours ago
Breaking: Macquarie Bank becomes first Australian bank to lift interest rates
Macquarie Bank became the first Australian bank to raise interest rates Wednesday following the Reserve Bank's decision to lift the cash rate to 4.35 percent. The lender will increase variable home loan rates by 0.25 percent from May 22. The RBA's move reverses its rate-cutting cycle that began.
Summary by Glance · ABC News – Top stories
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