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From Bottom Of The Deck

Sydney Morning Herald

Tuesday February 8, 2000

Why am I not surprised that the banks have passed on the full interest rise to housing loans but not deposits?

Margaret Grove,February 7 Abbotsford.

I stand to be corrected: it is my perception that the banks are very quick to implement any Reserve Bank increases to the interest rate but are extremely tardy to implement decreases. Do others have this same perception?

G. Mortensen, February 4Goulburn.

© 2000 Sydney Morning Herald

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