Latest Finance News

More majors moving up fixed interest rates

Australia’s great fixed-term interest rate hiking frenzy has continued to intensify, with NAB and ANZ lifting rates on short-term home loans this week.

Customer entering an ANZ bank branch in Seven Hills, NSW
ANZ has increased its fixed interest rates for the second time this month. Photo: Trevor Sandford / Shutterstock.com (Image source: Shutterstock.com)

Australia’s great fixed-term interest rate hiking frenzy has continued to intensify, with NAB and ANZ lifting rates on short-term home loans this week.

NAB announced a range of rate hikes for owner occupier and investor fixed terms this week, the second time in 15 days that it had increased the costs of finance.

The bank’s owner-occupier rate hikes ranged from 0.1 per cent for five-year fixed terms to 0.51 per cent for three-year terms, in a fu…

Latest News