Australian banks put home-loan rates under review
SYDNEY |
SYDNEY Oct 6 (Reuters) - Australia's four major banks put their home-loan mortgage rates under review on Tuesday after the central bank raised interest rates by 25 basis points. Commonwealth Bank of Australia (CBA.AX), Westpac Banking Corp (WBC.AX), National Australia Bank (NAB.AX) and Australia & New Zealand Banking Group (ANZ.AX), which hold the vast majority of Australian home loans, all said that their standard variable mortgage rates were under review.
(Reporting by Morag MacKinnon; Editing by Mark Bendeich)
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