How banks are only ‘partially’ raising rates for savers
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Source: The Age
Published: 2026-04-06 05:00 UTC+10:00
Section: Business / Banking & finance
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Business & Economy
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Snippet:
Savers are having to jump through hoops to get the full benefit of interest rate rises as the country’s major banks keep their base rates unchanged, even after the Reserve Bank’s recent moves.
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