Even if the RBA cuts interest rates this year as expected, banks won't follow suit with mortgages because the composition of their funding costs has changed dramatically. 27 Jan 2012 7:05 AM
Source: http://www.businessspectator.com.au/bs.nsf/Article/Interest-rates-deposits-RBA-house-prices-Mike-Hirs-pd20120127-QVQZQ?opendocument&src=rss
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