NAB, BoQ won't pass on full rate cut

National Australia Bank and the Bank of Queensland have become the first banks to lower interest rates, but both say they won’t pass on the full 50 basis point cut recommended by the Reserve Bank of A


(existing subscribers)

The password field is case sensitive.
Request new password


Believe me it is a cartel, a strong nexus between all big banks. “You start and don’t pass on the full cut by RBA and we will follow” is the attitude by banks. They make hefty profits yet they say they are struggling. What nonsense? They think that the people are fools. On the other hand the treasurer just shouts at his end, “banks should pass on full” what BS……. The government tries to save their image and jobs. Has anybody really worry about the common people? The gas prices has increased the electricity bills have increased, The rents are on the roof top. WE need action from government just not false words and shouts from the background as Julia and Wayne does………………

Add your comment

BNIQ sponsored byNorth Metro TAFE


6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
50 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer