With the RBA cash rate rise causing a ruckus, a few experts have weighed in on the future of the housing market.
Following the RBA's decision to lift the cash rate, Westpac and NAB are breathing new life into savings accounts.
The lid is off on the first RBA cash rate increase in more than a decade, and the major banks all increased variable rates by 25 basis points.
ANZ, Westpac and a host of other lenders have hopped at the chance to hike fixed home loan rates by up to 90 basis points.
Westpac has announced it has started automatically blocking suspect online transactions from overseas retailers deemed high-risk of being a scam.
In a case of deja-vu, Westpac has replicated its rate increase from two weeks ago hiking fixed home loan rates by up to 30 basis points.
Westpac has increased fixed home loan rates by between 15 and 30 basis points - the third time it has done so this year.
Following in Bank of Queensland's footsteps, Westpac has sliced the interest rate on its Westpac Life savings account.
Westpac economists believe the future of the housing market will effectively become 'hostage' to wider economic outcomes.
As one of Australia’s largest banks, see how Westpac home loans stack up to other lenders.