Tagged: CBA

Markets Live: Big three banks hit record highs

The bank also said it has followed CBA and Westpac in cutting the interest rate on its standard variable home loan rate by 25 basis points, the full amount of the RBA‘s cut, to...

ANZ passes on RBA rate cut in full

By Michael Roddan NAB said it had reduced its standard variable home loan rate to 5. 63 per cent per annum, while Westpac exceeded the RBA‘s cut by slashing its standard variable by 0. 28 per cent to...

Markets Live: CBA rally steadies ASX

The bank also said it has followed CBA and Westpac in cutting the interest rate on its standard variable home loan rate by 25 basis points, the full amount of the RBA‘s cut, to...

The growing risks in the hunt for yield

By Ric Spooner From a short-term trader’s point of view, this logic means that it’s worth being open to the possibility that investors might actually be too risk averse to keep pushing share prices up...

CBA, Westpac customers wait on rate cuts

However, interest rates on credit cards have increased by 25 basis points in the 18 months since the RBA last cut rates and, historically, have not fallen with cash rate cuts. 2 Michael Wright‘s...

Westpac joins CBA in passing on rate cut

Commonwealth Bank of Australia was the first of the big four banks to pass on Tuesday’s interest rate cut to home loan customers, reducing its standard variable rate by 0. 25 percentage points to...

Westpac joins CBA in passing on RBA rate cut

Commonwealth Bank of Australia was the first of the big four banks to pass on Tuesday’s interest rate cut to home loan customers, reducing its standard variable rate by 0. 25 percentage points to...

Westpac, CBA first of majors to cut rates

To restart Safari press and hold the Home button (for around five seconds) until the iPhone/iPad display goes blank and the home screen appears. Read more here: The Australian     

CBA first of majors to cut rates

To restart Safari press and hold the Home button (for around five seconds) until the iPhone/iPad display goes blank and the home screen appears. Read more here: The Australian     

Westpac exceeds RBA rate cut

By Michael Roddan On Tuesday, the Reserve Bank of Australia cut the official cash rate to record-low levels, slashing the rate by 25 basis points to 2. 25 per cent at its first board meeting...