THE NATION'S four major banks have all swiftly raised their mortgage rates after the Reserve Bank increased the official interest rate by 25 basis......
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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
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Australia raises rates to 3.5%
Financial Times - 22 days 1 hour 44 minutes ago
Australia’s central bank on Tuesday raised interest rates for the second time in just over a month as evidence mounts that the nation’s...
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CBA lifts home-loan rates by 25bp
The Australian - 22 days 30 minutes ago
COMMONWEALTH Bank of Australia today matched the RBA's rates move, increasing its standard variable mortgage interest rate by 25bp. The bank's...
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Stocks close lower after RBA move
AUSTRALIAN stocks closed slightly lower today, as investors absorbed the RBA's move to raise interest rates consecutively in two months. The...
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RBA lifts interest rates to 3.5pc
THE Reserve Bank has delivered a second interest rate rise in as many months, as it attempts to moderate the economic recovery. The decision to...
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