Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

How easy is it to change banks if they are charging higher mortgage rates?

A composite image of the four big banks signs.

The Turnbull government says banks won't be the only companies to benefit from tax cuts. (AAP) Source: AAP

After Westpac became the first of the four major banks in Australia to increase interest rates for its variable home loans, Prime Minister Scott Morrison said customers who were unhappy with the bank's decision should switch their bank. But how easy is it to switch bank? Does going to another bank always ensure a better deal? Finance adviser Bishwas Bhattarai had this to say during his monthly segment on SBS Nepali.


Published

Updated

By SBS Nepali

Source: SBS




Share this with family and friends


After Westpac became the first of the four major banks in Australia to increase interest rates for its variable home loans, Prime Minister Scott Morrison said customers who were unhappy with the bank's decision should switch their bank. But how easy is it to switch bank? Does going to another bank always ensure a better deal? Finance adviser Bishwas Bhattarai had this to say during his monthly segment on SBS Nepali.



Latest podcast episodes

Follow SBS Nepali

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Nepali News

Watch it onDemand

Stream now