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Josh Frydenberg has asked the ACCC to investigate why banks did not pass on interest rate cuts to customers in full
Josh Frydenberg has asked the ACCC to investigate why banks did not pass on interest rate cuts to customers in full Source: AAP

Treasurer Josh Frydenberg has asked the competition watchdog to examine why mortgage holders are being charged rates well above the record low cash rate.

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By Nakari Thorpe

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Treasurer Josh Frydenberg has asked the competition watchdog to examine why mortgage holders are being charged rates well above the record low cash rate.

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