How RBA Interest Rate Hikes Boost Bank Profits πŸ’°

Sky News Business Reporter Ed Boyd explains how recent RBA interest rate increases are leading to higher profits for banks. Discover what this means for the economy and your finances.

How RBA Interest Rate Hikes Boost Bank Profits πŸ’°
Sky News Australia
6.1K views β€’ Jul 14, 2025
How RBA Interest Rate Hikes Boost Bank Profits πŸ’°

About this video

Sky News Business Reporter Ed Boyd says higher interest rates mean increased profits for banks.

The RBA’s interest rate decision is expected to improve the profitability of banks.

The Reserve Bank has held the official cash rate at 3.85 per cent.

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6.1K

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Duration

2:47

Published

Jul 14, 2025

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