See every side of every news story
Published loading...Updated

Shock as Aus Big Bank Increases Interest Rates

AUSTRALIA, AUG 7 – ANZ Plus raised variable home loan rates by 0.16 percentage points despite an expected Reserve Bank of Australia cash rate cut, reflecting a focus on protecting margins, Canstar said.

Summary by News
One of Australia’s big four banks has quietly increased its home loan interest rates in a shock move, going against the grain just as another Big Four bank dropped theirs.

Bias Distribution

  • 100% of the sources lean Right
100% Right

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

News broke the news in on Thursday, August 7, 2025.
Sources are mostly out of (0)

Similar News Topics