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Should ALL BANKS pass the rate cut in full to their customers?

By Scarlet . Created on 06 Jun, 2019
The Reserve Bank interest rate cut is a clear sign Australia's economy is in trouble. The RBA board decided on June 4th to lower the cash rate by 25 basis points to 1.25%, after having kept rates on hold for a record 33 consecutive months.
Current Affairs 164 votes | 12 Comments
YES

YES

NO

NO

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YES
Gary said a week ago
absolutely they have had a great time recently...about time.
NO
534352393X said a week ago
No, they are individual businesses and should price their products in order to balance demand and profit.
YES
braunhi said a week ago
Thanks Paul for your message. Never thought of this along those lines. Very interesting reply. Take care. B.
Robbie said 3 weeks ago
Definitely it's time the banks give something to their customers
Renae said 3 weeks ago
Yes
YES
braunhi said 3 weeks ago
Thanks for your message Renae and a resounding YES from me. Take care. B.
YES
Kelly said 3 weeks ago
yes definitely
Bellaveen said 3 weeks ago
Definitely
Bruce said 3 weeks ago
Of course
YES
Nicole said 3 weeks ago
Yep
YES
braunhi said 3 weeks ago
Thanks for your message Nicole. The answer is a resounding Yes from me as well. Take care and do enjoy your weekend. B.