Westpac first major bank to raise interest rates for customers

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Westpac first major bank to raise interest rates for customers
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Last week Westpac was the first major bank to raise interest rates for its customers within hours of the Reserve Bank’s decision.

Last week Westpac was the first major bank to raise interest rates for its customers within hours of the Reserve Bank’s decision. The company hiked rates by 25 basis points, with other banks slowly increasing their rates throughout the week.

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