Banks announce rate changes following the RBA cash rate increase to 2.35%
Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.50% per annum (p.a.), most big banks are expected to lift interest rates on variable loans by 0.50% on 16 September 2022. CBA has already confirmed it will lift its home loan variable interest rates by 0.50% p.a., effective 16 […]