Monday, June 29, 2026

HomeBusiness News'Breakneck speed': NAB and ANZ race to hike rates

‘Breakneck speed’: NAB and ANZ race to hike rates

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NAB and ANZ have increased interest rates. (Sources: Getty)
NAB and ANZ have increased interest rates. (Sources: Getty)

Australia’s biggest banks are in the midst of a rate-hike race with both ANZ and NAB increasing mortgage rates since Thursday.

ANZ revealed it would increase fixed rates by up to 0.40 per cent…

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