THE nation’s biggest home lender, the Commonwealth Bank, has a new claim to fame – the highest interest rates. A week after the Reserve Bank lifted official rates, the Commonwealth tomorrow will put up its standard variable home rate by 35 points – 10 points more than the central bank rise of 25 points.
Bloody bastards (and this applies not just to CBA), as if they didn’t make enough money as it is. I guess any excuse will do for them. How come a normal person cannot demand a pay rise due to the increased cost of living. They just have to beg and hope they’ll get it. Life just sucks. But I guess the banks have been punished by their own greediness. Death to shareholder accountability.
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