Greater Bank, Newcastle Permanent will increase their variable home loan rates by 0.25% in step with Reserve Bank rise

Penelope Green
By Penelope Green
Updated May 5 2022 - 8:34am, first published 5:39am
Passing on the increase: The Perm's CEO Bernadette Inglis.

GREATER Bank and Newcastle Permanent will both increase their variable home loan rates by 0.25% in step with the the Reserve Bank of Australia's decision to increase the official cash rate.

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Penelope Green

Penelope Green

Journalist, Newcastle Herald

Business, news and feature reporter.

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