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No excuses: RBA governor calls on banks to pass on full cut The Reserve Bank has cut the official interest rate by another 0.25 percentage points to a new low of 1%, reflecting continuing concern over the slow economy.. Reserve Bank Governor Philip Lowe said the latest cut, which came a month after the RBA made a similar cut of 0.25 percentage points, would help "make further inroads" into the economy’s spare capacity, assist in reducing.
What Makes CML Canadian Mortgage Lender Stand Out. A B.C. couple are speaking out. The Canadian Banker’s Association refused to answer questions about rates, but sent a statement also stressing that default levels are low. "Banks in Canada are.
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The move was part of a $2.4 billion cash and stock deal that Home Capital Group struck with Buffett’s firm in June, when the Canadian alternative mortgage lender. that it can stand on its own. In. The online loans market in Australia is maturing.
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