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Big 4 banks keep 0.55% each on average since September 2008

Big 4 banks keep 0.55% each on average since September 2008

Major 4 banks keep 0.55% of RBA rate movements since September 2008. Borrowers with a $300K mortgage from the big 4 miss out on $3,314. If you’re with the major banks and aren’t happy, talk to your lender or switch!

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