The big four banks are capable of cutting interest rates on loans in April while protecting their profits thanks to lower funding costs. Read more
Economy
News and updates on the Australian economy and world markets that impact on the Australian economy.
A Red Day on the Markets......Here We Go Again
It looks like August 2007 all over again as financial markets tumble and panic and fear dominates investors’ decision making. The ASX has fallen 13% over the past fortnight wiping almost 200 billion off the exchange. Read more
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