1 Oct 2019 Police Bank | Today the Reserve Bank of Australia has reduced the official cash rate by 0.25%. As many factors influence our pricing, we are  The Reserve Bank board meets today and it will be a huge surprise if interest rates are not cut — the first official rate move in almost three years, taking them to a fresh record low. Key points: Westpac immediately followed the Reserve Bank of Australia’s historic decision to cut interest rates to a new record low, passing on the 25 basis point cut in full to its home loan customers.

1 Oct 2019 Police Bank | Today the Reserve Bank of Australia has reduced the official cash rate by 0.25%. As many factors influence our pricing, we are  The Reserve Bank board meets today and it will be a huge surprise if interest rates are not cut — the first official rate move in almost three years, taking them to a fresh record low. Key points: Westpac immediately followed the Reserve Bank of Australia’s historic decision to cut interest rates to a new record low, passing on the 25 basis point cut in full to its home loan customers. Major bank share prices fell sharply after political pressure forced the banks to pass through the Reserve Bank's 25 basis point emergency cash rate cut in full, delivering a blow to earnings.

Westpac was the first of the major banks to react to the RBA's first reduction in the cash rate since October, announcing it would pass on the cut in full to borrowers. Commonwealth Bank, ANZ and

2 Mar 2020 Westpac and Commonwealth will pass on historic Reserve Bank cuts to home owners making mortgages cheaper. By Stephen Johnson For Daily  2 Mar 2020 The Reserve Bank slashes interest rates to a fresh record low of just 0.5 per cent as it RBA the first central bank to cut over coronavirus Westpac moved quickly to heed Mr Morrison's advice, cutting rates across variable  3 Mar 2020 Here's exactly how much Westpac and Commonwealth Bank mortgage customers will save as a result of the RBA's 3 Mar 2020 Commonwealth Bank of Australia (ASX:CBA) and Westpac Banking this afternoon the Reserve Bank of Australia cut the cash rate down to a  2 Mar 2020 Westpac analysts expect the Reserve Bank of Australia (RBA) to cut interest rates by 25 basis points on March 3 compared to the previous 

2 Oct 2019 Treasurer Josh Frydenberg urges big banks to pass rate cut on to came more than 24 hours after the Reserve Bank board cut the interest rate 

6 Aug 2019 Bill Evans of Westpac Banking Corporation says he can't rule out an RBA rate cut in September, but would be "very surprised" if the austrlaian  1 Oct 2019 Police Bank | Today the Reserve Bank of Australia has reduced the official cash rate by 0.25%. As many factors influence our pricing, we are  The Reserve Bank board meets today and it will be a huge surprise if interest rates are not cut — the first official rate move in almost three years, taking them to a fresh record low. Key points: Westpac immediately followed the Reserve Bank of Australia’s historic decision to cut interest rates to a new record low, passing on the 25 basis point cut in full to its home loan customers. Major bank share prices fell sharply after political pressure forced the banks to pass through the Reserve Bank's 25 basis point emergency cash rate cut in full, delivering a blow to earnings. Have the banks responded to the cut? The Westpac Banking Corp share price was up as much as 2% at one stage today, but is now down over 1.5% after being the first bank to respond to the Reserve

3 Mar 2020 The RBA has cut the official cash rate from 0.75% to a record low and Westpac - also passed the Reserve Bank's 25 basis point cut on in full 

16 hours ago With the COVID-19 pandemic decimating the Australian economy, the Reserve Bank (RBA) made the decision today to cut the cash rate for a  4 Mar 2020 Westpac immediately followed the Reserve Bank of Australia's historic decision to cut interest rates to a new record low, passing on the 25  4 days ago The Reserve Bank cut the OCR by 0.75 per cent in a just-released Westpac will also cut its deposit rates with its 32 day notice saver account 

2 Oct 2019 Treasurer Josh Frydenberg urges big banks to pass rate cut on to came more than 24 hours after the Reserve Bank board cut the interest rate 

24 Jan 2020 One bank cuts borrowing costs for owner-occupiers while another trims investor Ahead of the Reserve Bank of Australia's first monetary policy Westpac Fixed Rate Investment Loans – P&I (Premier Advantage Package)  2 Mar 2020 Westpac and Commonwealth will pass on historic Reserve Bank cuts to home owners making mortgages cheaper. By Stephen Johnson For Daily  2 Mar 2020 The Reserve Bank slashes interest rates to a fresh record low of just 0.5 per cent as it RBA the first central bank to cut over coronavirus Westpac moved quickly to heed Mr Morrison's advice, cutting rates across variable 

The two banks' decisions to pass on the full cut came after ANZ was quick out of the blocks following the RBA's rate cut, saying it would lower interest rates on mortgages by 0.18 percentage Westpac was the first of the major banks to react to the RBA's first reduction in the cash rate since October, announcing it would pass on the cut in full to borrowers. Commonwealth Bank, ANZ and NAB had already said it would cut its rate by 0.15 while the Commonwealth Bank is passing on just 0.13 per cent to its variable mortgage borrowers.