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Event Brief

Macquarie Bank lifts interest rates after RBA decision

Macquarie Bank became the first Australian bank to raise rates after the RBA increased the national cash rate.
WHO: Macquarie Bank
WHAT: Macquarie Bank raised interest rates following the RBA cash rate increase.
WHEN: May 5, 2026 at 12:52 AM ET
WHERE: Australia
WHY: The RBA increased the national cash rate.

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