Commonwealth Bank and ANZ raise variable home loan interest rates by half a point to match RBA rise
by Australian Associated Press and Peter Hannam from on (#624S1)
Increase puts the banks' variable interest rates at highest in three years with Westpac and NAB yet to respond to official cash rate hike
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The Commonwealth Bank and ANZ have matched this week's move by the central bank and raised their variable home loan rates.
CBA's rates for owner-occupier and investor mortgages will rise by half a percentage point on 12 August.
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