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failing to pass on the full rate cut needn't mean banks are profiteering

  • Written by Kevin Davis, Professor of Finance, University of Melbourne
imageThe prime minister says banks are "basically profiteering". It's a difficult case to make.Joel Carrett/AAP

The unwillingness of the major (and other) banks to immediately cut their headline mortgage rates by as much as the Reserve Bank cuts its cash rate always attracts bad press, as well as condemnation from treasurers and prime ministers.

After...

Demand for Home Batteries surges as Federal Rebate Kicks In

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Why Sport Remains the Safest Bet in an Uncertain World

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THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

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Deputy Announces Exclusive Global Partnership with Predelo to Bring AI to Shift-Based Businesses

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Leftover Budget? The Last-Minute EOFY Tip to Drive Business Success in FY25/26

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pay.com.au appoints new CEO and Managing Director

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...

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