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More banks move on RBA rate cut

Following Tuesday’s interest rate cut by the Reserve Bank, a number of other prominent lenders have announced their intentions — including for business loan rates.

More banks move on RBA rate cut
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More banks move on RBA rate cut

In the hours after the RBA’s announcement, all four major banks announced they would be cutting interest rates — only two of which said they would pass on the full 25 basis point cut.

Read more at MyBusiness

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