Westpac ‘not happy’ customers rate it lowest of big banks …
Westpac has revealed it is the least-loved of the big banks. The bank’s New Zealand profit after tax took a 38 per cent hit from Covid, down to $649 million in the year to September 30, the …
Not happy Westpac: how customers can show their discontent …
Dec 1, 2019Not happy Westpac: how customers can show their discontent over banking scandals The first step is to lodge a complaint directly with the bank. The second is to switch to another bank
Treasurer issues advice to Australians after big banks …
Westpac and ANZ have followed the lead set by rivals Commonwealth Bank and NAB and will not pass on Tuesday’s 0.25 per cent rate cut in full. Westpac announced it would only decrease variable home loan interest rates by 0.15 per cent, while ANZ said it will lower rates by 0.14 per cent, meaning each of the country’s Big Four have denied borrowers the full benefit of the Reserve Bank’s latest …
Big Four banks announce home loan cuts after RBA decision
C BA’s changes will come into effect on March 24 and drop the same loan type to a rate of 4.55 per cent. Westpac’s lowest ongoing rate will drop to 2.93 per cent and CBA’s will drop to 2.97 …
Westpac and ANZ round out the Big Four cuts
A variable rate home loan is one where the interest rate can and will change over the course of your loan. The rate is determined by your lender, not the Reserve Bank of Australia, so while the cash rate might go down, your bank may decide not to follow suit, although they do broadly follow market conditions. One of the upsides of variable rates is that they are typically more flexible than …
Will CBA, ANZ, NAB rush to copy Westpac on rate hike …
Prime Minister Scott Morrison has told Westpac customers that if they are not happy with the bank’s interest rate rise they should look around for a better deal.. Experts are split on whether the …
Afterpay to offer savings accounts via Westpac: Is it …
As a comparison, Westpac currently offers a market-leading interest rate of 3.00% p.a. on its Westpac Life savings account for customers aged 18-29. As this rate is only available on balances up …
The big banks are refusing to pass on the RBA’s interest …
The RBA cut the official cash rate to 0.75% on Tuesday, a new historical low for Australia. The big four banks however appeared reluctant to pass on the cut in full to customers, with the …
Lowest Major Bank Home Loan Rates On Offer Now | Canstar
National Australia Bank cut between 0.1 and 0.15 percentage points off a number of its home loans on 18 June, including slashing its owner-occupier Base Variable Rate Principal and Interest Special Offer to 2.69% (comparison rate 2.69%).The new rate makes it an equal winner in the ‘lowest variable rate’ race between the big four banks at the time of writing, matching Westpac’s lowest …
Savings Account Interest Rates – Compare Accounts | Westpac
A term deposit let’s you invest your money with the certainty of a fixed interest rate and a choice of terms. Our current term deposit rates are shown below. Interest rates are % per annum. All investment balance ranges are $5,000 < $2,000,000 Australian dollars. View special offer rate.