this post was submitted on 04 Jul 2023
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[–] [email protected] 9 points 1 year ago (1 children)

Already got a message from NAB yesterday that our mortgage repayments are going up yet again, so unless they're backtracking on that after today's decision, I feel like many people are in fact not breathing a sigh of relief.

[–] Instigate 8 points 1 year ago

Some banks aren’t passing on rate rises immediately; it could be that NAB is incorporating a previous cash rate rise into your new interest rate.