Winners will be the banks, thanks to being given the green light to keeping (substantially) any drop for themselves.
You can bet they will be very quick to drop deposit rates & drag their feet on (or maybe not move) loan rates.
An extra .25% -.5% margin increase for banks courtesy of the RBA, The Gov & ultimately us
& they want us to believe that Oz banks aren't in trouble !!!!
Winners will be the banks, thanks to being given the green light...
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