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Treasurer concedes banks to hold rate cut

Source: ABC News
Published: Sunday, October 5, 2008 8:58 AEST
Expires: Saturday, January 3, 2009 8:58 AEST

The Federal Treasurer, Wayne Swan, says banks are unlikely to pass on the full amount of any interest rate cut this week, given the global financial market turmoil.

Tags: business-economics-and-finance, corporate-governance, industry, banking, australia

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