Australia calls for new probe into loan pricing by banks
The Australian government has
ordered the competition watchdog to investigate why banks failed
to pass on the central bank’s three rate cuts this year in full,
less than a year after a public inquiry exposed the industry for
cheating customers.
ordered the competition watchdog to investigate why banks failed
to pass on the central bank’s three rate cuts this year in full,
less than a year after a public inquiry exposed the industry for
cheating customers.
Posted by Reuters
