Two major lenders hike select rates for new customers

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Two major lenders hike select rates for new customers
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Two of Australia's major banks have hiked select rates for new customers in another blow in the cost of living crunch. 9News

"Cost of funding pressures, combined with a now widespread expectation there will be three more cash rate hikes in as many months, are likely to have triggered this rise.

"Today's increase to the bank's lowest no-frills home loan is unexpected, however, the bank still has competitive advertised rates for borrowers looking for an offset account," she said.Continue reading

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