Unexpected RBA rate increase decision 2023

Reserve Bank increases official cash rate increase to 3.85% in May 2023 In May 2023, the Reserve Bank of Australia (RBA) surprised the financial markets by announcing a rate [...]

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Four major banks hikes interest rates

The Australian banking sector is dominated by four major banks: Commonwealth Bank, ANZ, Westpac & NAB. These are commonly referred to as the Big4 Aussie Banks in Australian banking [...]

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