Business
Westpac hikes two- and three-year rates – Yahoo Finance Australia
Australia’s banks are beginning to prepare for higher funding costs, and it’s the borrowers who will pay.
Westpac has become the second big bank to hike three-year rates. (Images: Getty).
Westpac has announced interest rate increases for its two- and three-year fixed rates, with subsidiaries St George, Bank of Melbourne and BankSA also set to increase rates.
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