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Lenders and other stakeholders have come together at an inaugural roundtable to discuss new initiatives aimed at improving customer experiences of changing banks. Last Thursday’s inaugural Australian Bankers’ Association Switching Roundtable brought together banks, consumer groups, regulators and card schemes to better understand customer views about switching banks. ABA chief economist and executive director – […]
Interest rates remain on hold 3/08/2011 The news will come as a relief to mortgage holders, as economists had warned that recent unexpectedly high inflation figures could have led the RBA to hike the cash rate. Fuelled by the mining boom, the consumer price index (CPI) rose by 0.9% during the June quarter, but commentators […]
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