ANZ, CBA lift interest rates
![CBA has joined Westpac in lifting rates.](http://web.archive.org./web/20180906045137im_/https://www.afr.com/content/dam/images/g/y/q/d/i/a/image.related.afrIndexLeadWide.460x260.h150gv.gshfrb.png/1536209058717.jpg)
ANZ and Commonwealth Bank have followed Westpac in lifting interest rates citing wholesale funding costs, business performance and market conditions.
ANZ and Commonwealth Bank have followed Westpac in lifting interest rates citing wholesale funding costs, business performance and market conditions.
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The Australian sharemarket has dropped further through the afternoon despite Commonwealth Bank and ANZ shares lifting after they hiked their variable interest rates.
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