CBA pass on 50bp to consumers

Intermediaries were notified of the increase late last month in a communication explaining that ‘these interest rate changes reflect recent movements in wholesale market rates’.

Mortgage Business contacted a CBA spokesperson to clarify whether the bank had been directly impacted by rising funding costs but they were unavailable for comment.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 15 October 2007