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Banks urged not to lift interest rates

Story date: 2007-09-05 07:59:00
Added on: 2007-09-06 01:00:18


News.com.au - ... difficult, to raise funds ... it does not justify major banks increasing interest rates,'' he said. ”Those banks are highly profitable and well-capitalised. There are no grounds for them to use this as an opportunity to increase home mortgage ...


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