CBA announces 0.30% rise
- Thread starter Bradsdad
- Start date
You're kidding aren't you??....that is an additional 5 basis points!
I know the CBA did only 10 basis points as opposed to St George and ANZ on 20. They are now catching up...if the others continue with additional claw back....I don't think the RBA has to do a lot to cool the market.
9% standard variable rates here we come....here we come. The only silver lining is that maybe this rate increase will be short and sharp and head down as quick as it came!
I will be watching whether the bank fixed rates move also....this going to the sign to tell if rates will keep going up!
I know the CBA did only 10 basis points as opposed to St George and ANZ on 20. They are now catching up...if the others continue with additional claw back....I don't think the RBA has to do a lot to cool the market.
9% standard variable rates here we come....here we come. The only silver lining is that maybe this rate increase will be short and sharp and head down as quick as it came!
I will be watching whether the bank fixed rates move also....this going to the sign to tell if rates will keep going up!
You only have to look at the shareprice this morning of CBA,it's still trading in the low-very low $49.00 levels that's down from the $60.00 a short time ago,and i'm still unsure how far it will still fall
..willair..
Will PM you
Reckon - Best Westpac will do is 0.7!
