The country’s second biggest bank, Westpac, is raising home loan interest rates, in a move that has sparked predictions the other big banks will also jack up borrowing costs. As the banking industry faces fierce political pressure after damning revelations at the royal commission, Westpac on Wednesday made the first lift in variable mortgage rates by a big four bank this year, blaming an increase in its wholesale funding costs. To read the full article written by Clancy Yeates & John Collett on The Age, please click here.