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CommBank branch in Melbourne
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CommBank's latest hikes will likely motivate other lenders to follow suit. Photo: Aluviart / Shutterstock

CommBank, Westpac make more moves on interest rates

Banks continue to tweak interest rates to entice customers towards variable rate loans, with Commonwealth Bank hiking its fixed rate interest loans for the third time in six weeks and Westpac slashing rates on variable finance. 

CommBank’s changes included hikes of owner-occupier fixed rates rangin…