Home / World News / Australian bank stocks take $40b hit following RBA’s big rate hike

Australian bank stocks take $40b hit following RBA’s big rate hike

More than $40 billion has been wiped from the value of Australia’s biggest four banks as the impact of the Reserve Bank of Australia’s 50 basis point hike continues to reverberate.

About brandsauthority

Check Also

Are you a quiz whiz? Try our 10 questions to find out.

Test yourself against your friends and family to see who knows the most – no …

%d bloggers like this: