Money magazine Comments - ACCC to investigate banks for not passing on rate cuts Australia's big four banks are back in the hot seat, this time for their failure to pass on central bank rate cuts to consumers. https://www.moneymag.com.au/feed/latest?story=147167119 Tue, 15 Oct 2019 19:18:35 +1100 Tue, 15 Oct 2019 19:18:35 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - ACCC to investigate banks for not passing on rate cuts https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Simon Camo (Retiree)

For savings Accounts, the banks have reduced the interest rate by more than the RBA .25%.

Hopefully the Commission is aware of this and seek an explanation

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]]> Simon Camo (Retiree) Tue, 15 Oct 2019 19:18:35 +1100