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(Reuters) - Australia's major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central bank surprised markets with its hawkish tone.
The Reserve Bank of Australia (RBA) at its June policy meeting on Tuesday hiked interest rates by the most in 22 years, as it battles to restrain surging inflation.
Commonwealth Bank of Australia, National Australia Bank and Australia and New Zealand Banking Group lifted their mortgage rates to pass...
>>> Read more: Australian lenders lift variable mortgage rates after RBA hike
The Reserve Bank of Australia (RBA) at its June policy meeting on Tuesday hiked interest rates by the most in 22 years, as it battles to restrain surging inflation.
Commonwealth Bank of Australia, National Australia Bank and Australia and New Zealand Banking Group lifted their mortgage rates to pass...
>>> Read more: Australian lenders lift variable mortgage rates after RBA hike
