May 3 (Reuters) - Commonwealth Bank of Australia (CBA) said on Tuesday it would raise its home loan variable interest rates by 0.25% per annum, after the country's central bank hiked its cash rate by 25 basis points to 0.35% and warned of more to come.
The Reserve Bank of Australia rate hike came as a surprise to market participants, and a majority of analysts in a Reuters poll had expected a rise to only 0.25%.
News: CBA Australia's CBA to raise home loan variable interest rate after RBA hikes rate
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Last
$172.87 |
Change
-0.600(0.35%) |
Mkt cap ! $289.2B | |||
| Open | High | Low | Value | Volume |
| $173.40 | $173.61 | $170.97 | $281.9M | 1.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $172.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $172.87 | 400 | 1 |
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| Last trade - 16.17pm 25/07/2025 (20 minute delay) ? |
| CBA (ASX) Chart |