Coming soon to a home loan theatre near you .... "How the Grinchpac Stole Christmas"

Tuesday, December 02, 2008

The Commonwealth Bank and the National Australia Bank led commercial lenders in responding to today’s reduction, passing on the 100 basis-point cut in full to customers. Westpac, though, lowered its standard loan rate by only 80 basis points, to 6.91%.

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