Políticos as eleições, Votar livremente e participar activamente da democracia, Vote for Change, Referendo on-line
Political situation in Australia

Australia's big four banks cut mortgage rates

Political situation in Australia, satisfied 24%

button ElectionsMeter.com

SYDNEY - Australia's big four banks, which control about 90 percent of the country's $1 trillion mortgage market, cut variable mortgage rates by 25 basis points on Thursday, after political pressure to pass on the central bank's rate cut of earlier this week.

 

The National Australia Bank, Australia and New Zealand Banking Group and Westpac Banking Corp voiced concerns over rising cost of funds and shrinking margins, and ANZ left the door open for independent moves in the future.

 

The Commonwealth Bank of Australia (CBA) also cut its variable mortgage rate by 25 basis oints, but made no comment about funding costs.

 

By Narayanan Somasundaram

 

Read more: REUTERS (Dec 8, 2011)


martina -
Bandeira-lono spam

Não ElectionsMeter é responsável pelo conteúdo do argumentos. Por favor consulte sempre o usuário ou autor do argumento. Todos os argumentos ou qualquer texto publicado na electionsMeter deve incluir o nome original do autor e as referências à fonte original do texto. Os usuários são obrigados a seguir a lei de direitos autorais. Por favor, leia com atenção as regras do uso do site.

Voltar para votação: > Australia > Eventos > Political situation in Australia
 
load menu