
Mortgage News
No role for politicians in OCR uproar - experts
Wednesday 16th of March 2016
Recent days have seen growing anger and frustration with the country’s banks, particularly the Australian-owned banks.
This is because of most of the banks apparent reluctance to fully pass on last week’s 25 basis point OCR cut to borrowers – despite Reserve Bank governor Graeme Wheeler saying that he expected them to.
To date, only The Co-Operative Bank has passed on the full cut...
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