Australia PM’s plea to banks to pass on any rate cut in full

JULIA Gillard has fired a warning shot across the bows of the nation’s banks ahead of today’s likely interest rate cut, saying they should pass on any reduction in full to borrowers. Anticipating opposition claims of an economy in crisis if the Reserve bank of Australia cuts rates at 2.30pm (AEDT…

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Australia PM’s plea to banks to pass on any rate cut in full

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