Westpac has defended its decision to raise interest rates, out of cycle with the Reserve Bank of Australia. The move has sparked fears the rest of the big four banks could do the same.
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Westpac defends out-of-cycle rate rise amid concern others may follow
Westpac has defended its decision to raise interest rates, out of cycle with the Reserve Bank of Australia. The move has sparked fears the rest of the big four banks could do the same.
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By Hande Ergen, Matt Connellan
Source: SBS
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