SYDNEY, Oct 2 (Reuters) - Australian Prime Minister Scott Morrison said on Wednesday he was disappointed in the country's major banks for their decision to deny borrowers the full benefit of the latest central bank monetary easing.
On Tuesday, the Reserve Bank of Australia (RBA) cut its benchmark rate for a third time this year by 25 basis points (bps) to an all-time low of 0.75%.
The nation's four biggest lenders -- Commonwealth Bank of Australia (CBA) , Westpac Banking Corp (WBC) , ANZ Banking Group (ANZ) and National Australia Bank -- later lowered their variable mortgage rates by between 13 bps and 15 bps.
SYDNEY, Oct 2 (Reuters) - Australian Prime Minister Scott...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$41.95 |
Change
0.090(0.22%) |
Mkt cap ! $128.4B | |||
| Open | High | Low | Value | Volume |
| $42.04 | $42.21 | $41.87 | $87.68M | 2.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1280 | $41.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.03 | 15621 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2025 (20 minute delay) ? |
| NAB (ASX) Chart |