interest rate cuts.

With both CBA and NAB only passing on 20 of the 25 basis point reserve bank interest rate cut,I was surprised to see yet another twist.

Upon logging onto my CBA home loan on line,I was shocked to see the interest rate reduced on 12 october 2012 by only 15 basis points instead of the promised 20 basis points.

Theft by stealth,no wonder they have gone from one of the most trusted professions 40 years ago to what they are today.

All the best.