Vic: CBA had "straightforward" decision on rates: CEO

AAP General News (Australia)
02-03-2000
Vic: CBA had "straightforward" decision on rates: CEO

The Commonwealth Bank says its decision to lift home mortgage rates by half a percentage
point in line with the Reserve Bank rise has been relatively straightforward.

The Commonwealth Bank yesterday lifted its standard variable rate from 6.8 per cent
to 7.3 per cent, effective February 28.

The bank's chief executive …