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Commonwealth Bank branch on Bourke Street, Melbourne
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CBA was the first Australian lender in 2021 to hike its four-year fixed rates. Photo: Shutterstock

Banks start to move away from record-low fixed rates

Record-low fixed rate loans could be on the outer, with a significant number of Australian banks hiking rates on four-year fixed terms over the past month.

Research by RateCity.com.au showed 14 lenders had increased their four-year fixed rates, following the lead of the  Commonwealth Bank of Austra…

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