“We estimate the current round of repricing should boost earnings by approximately 2-3 percent across the majors on a full-year basis.” Macquarie has become the final of the big four Australian banks to raise the rate of its standard home loans , blaming market forces , as well as regulatory changes which are requiring the major banks to increase the amount of capital they hold against their home loan portfolios . ANZ has raised it by 18 basis points to 5.56 % ; National Australia Bank lifted its variable mortgage rate by 18 basis points to 5.6 % , Westpac by 20 basis points and Commonwealth to 15 basis points .
Macquarie has become the final of the big four Australian banks to raise the rate of its standard home loans , blaming market forces , as well as regulatory changes which are requiring the major banks to increase the amount of capital they hold against their home loan portfolios . ANZ has raised it by 18 basis points to 5.56 % ; National Australia Bank lifted its variable mortgage rate by 18 basis points to 5.6 % , Westpac by 20 basis points and Commonwealth to 15 basis points .