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The Guardian - AU
The Guardian - AU
National
Cait Kelly (now) and Natasha May (earlier)

Banks raise interest rates in response to RBA – as it happened

Westpac has raised interest rates after the Reserve Bank of Australia lifted the cash rate by 25 basis points.
Westpac has raised interest rates after the Reserve Bank of Australia lifted the cash rate by 25 basis points. Photograph: Brendon Thorne/Getty Images

What we learned, Tuesday 4 October

And with that, we are going to put the blog to bed – thank you so much for spending part of your day with us.

Before we do, let’s recap the big stories from today:

We’ll be keeping you up to date with the live news blog from tomorrow, with Natasha May kicking it off first thing in the AM. Until then, stay safe.

Updated

Suncorp Bank has just announced it will also introduce new interest rates for home loan customers, following the RBA’s cash rate decision today.

From 14 October, Suncorp Bank will increase home loan variable rates by 0.25% per annum (p.a.).

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