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RBA cuts rates to a record low but ANZ and Westpac are not passing on full

Logos of the four big banks

A composite image of signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB)Image/Joel Carrett) Source: AAP

Political leaders have told bank bosses they should pass on the full cut in official interest rates to customers or risk Australians doubting they've changed their ways since the banking royal commission. The Reserve Bank has reduced the cash rate to a record low 1-point-2-5 per cent


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Source: SBS



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Political leaders have told bank bosses they should pass on the full cut in official interest rates to customers or risk Australians doubting they've changed their ways since the banking royal commission. The Reserve Bank has reduced the cash rate to a record low 1-point-2-5 per cent



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