HomeGeneral NewsMajor banks announce rate changes following RBA hike

Major banks announce rate changes following RBA hike

February 3, 2026

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Westpac was the first to announce that it would raise its variable interest home loan rates by 0.25 per cent.

Debit cards from the big four banks - Commonwealth Bank, NAB, Westpac, ANZ — The official cash rate has risen by 0.25 basis points to a total of 3.85 per cent. (Dominic Lorrimer)

The changes will be automatically applied by February 17.

The Commonwealth Bank…

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