EPISODE · Feb 20, 2025 · 4 MIN
Why can’t the major banks reduce the rate sooner?
from The Morning Show · host LiSTNR
When the RBA cut the cash rate to 4.1% on Tuesday, major banks pledged to pass it on but not immediately. What does this mean for borrowers and other Australians? For more, Network Finance Expert Gemma Acton joins.See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information.
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Why can’t the major banks reduce the rate sooner?
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