Your bank might be putting its interest rate up by more than it needs to. Here's why - ABC News


5/6/2022 12:00:00 AM2 years 11 months ago
by David Taylor

Amid real cost of living pressures, how would you feel if you knew the big four banks were raising the cost of your mortgage to pump up their profit margins? Here's why that might be exactly what's happening, writes David Taylor.

Amid real cost of living pressures, how would you feel if you knew the big four banks were raising the cost of your mortgage to pump up their profit margins? It appears the banks are using a lack of… [+6100 chars]

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