CBA commonwealth bank of australia.

News: CBA Australia's CBA to raise home loan variable interest rate after RBA hikes rate

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    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%.

 
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Last
$173.30
Change
0.880(0.51%)
Mkt cap ! $290.0B
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