01/05/2012 - 14:57

RBA moves on rates, now for the banks

01/05/2012 - 14:57

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The impact of the Reserve Bank's decision to cut its official cash rate by an unexpectedly large 0.5 per cent will become clearer later this week when Australia's big four banks announce their response. Most analysts have already assumed the banks will not pass on the full reduction.

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