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How much of the August 2013 RBA rate is each bank passing on?

Posted Friday, 09 August 2013 at 15:53 by Shape Home Loans
Tagged: news
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A list of the top banks and how much of the August RBA rate cut each bank are passing on and when?

 

The RBA announced the cash rate would be cut by 25 basis points on Tuesday 6th August 2013.

 

**** This page will be updated on a daily basis **** ( last updated: Friday 9th August)

 

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Banks and Tier 2 Lenders Rate Cut Effective date ( August)
Adelaide Bank    
AMP  -0.25  22nd 
ANZ  -0.25  16th  
Bank of Queensland ( BOQ)   -0.25  27th 
Bank of Melbourne  -0.25  19th 
Bankwest  -0.25  19th 
Citibank   -0.25  26th 
Commonwealth Bank (CBA)  -0.25  14th 
Heritage Bank  -0.25  16th  
Homeside Lending  -0.25  16th 
ING Bank  -0.25  23rd 
Macqauire Bank   -0.25  9th 
NAB   -0.25  12th
St George Bank / Bank SA  -0.25  19th 
Suncorp Bank   -0.25  26th
Rock Building Society   -0.25  14th
Westpac   -0.28  19th 
Wide Bay Australia Lending  -0.25  9th
     

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