Australians having a rough time dealing with rising costs will heap a sigh of relief in 2025 as Canstar said that major banks such as Westpac, NAB, ANZ, and Commonwealth Bank of Australia (CBA) are expected to lower their cash rates from February to May, which will help borrowers save big.

It is projected that CBA will undergo the most cuts, with four reductions resulting in a $358 reduction in monthly repayments for a $600,000 loan by the end of 2025. By the end of 2025, Westpac is expected to reduce........

© International Business Times