A battle of the banks, after last week's Official Cash Rate cut
A battle of the banks, after last week's Official Cash Rate cut
20 August 2024
Most banks dropped their advertised retail loan rates within minutes of last Wednesday's Reserve Bank announcement.
ANZ and Co-Operative Bank have now dropped their rates even further.
Co-Operative Chief Executive Mark Wilkshire says things are getting competitive.
He says it's good news for homeowners out there, with rates coming down quite quickly.
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