Get all your news in one place.
100's of premium titles.
One app.
Start reading
Newcastle Herald
Newcastle Herald
Business
Penelope Green

Greater Bank, Newcastle Perm make call on RBA rate increase

Passing on the increase: The Perm's CEO Bernadette Inglis.

GREATER Bank and Newcastle Permanent will both increase their variable home loan rates by 0.25% in step with the the Reserve Bank of Australia's decision to increase the official cash rate.

Newcastle Permanent has confirmed that both its variable home loan rates and business loan rates will increase by 0.25% per annum. from May 18, applying to new and existing customers.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.