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Newcastle Herald
Newcastle Herald
Business
Penelope Green

The Perm passes on RBA rates rise in full

Perm RBA Bernadette Inglis Newcastle Permanent
Rates on the rise: Bernadette Inglis, CEO of Newcastle Permanent

THE Newcastle Permanent will pass on in full the Reserve Bank of Australia's latest interest rate hike as other Hunter lenders consider their position.

On Thursday afternoon the Perm confirmed its variable home loan rates and business loan rates will increase by 0.50% per annum, effective from June 17 and applying to new and existing customers.

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