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More rate rises tipped after moves by ANZ and Commonwealth Bank of Australia
2015-07-26 13:02:26| Automakers - Topix.net
Pressure to pass on higher capital costs to borrowers is likely to spark more interest rate hikes by banks, on top of last week's changes by ANZ Bank and Commonwealth Bank of Australia, analysts predict. ANZ and CBA said the regulator's 10 per cent a year cap on housing investor credit growth was a key reason for their moves to raise rates for these customers by 0.27 percentage points late last week.
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Category:Automotive