RICARDO'S BUSINESS || Will NAB pass on an RBA rate cut?

With expectations the Reserve Bank will cut interest rates next week, the big question is now whether Australia's banks will pass on the rate cut to consumers in full.

Australian interest rates, while historically low, are the highest in the industrial world.

So I used the opportunity, at NAB's media conference, where it unvieled a record $5.2billion full year profit, to ask its CEO, Cameron Clyne if he could guarantee the bank would pass on, in full, any cut in the official cash rate by the RBA on Tuesday.