2024-02-09 06:31:24
The banks increase or decrease rates based on advice from the RBA. A bank will increase rates to control inflation, which is often a product of federal & state Govt’s who effectively put money into the economy due to their policies. [Link] NEEDS_MORE_RATINGS(5-0-8) Author
2024-02-09 08:42:52
Banks' retail interest rates are detached from the RBA's cash rate. Banks can choose to lower them or raise them at any time, as Miles has pointed out. The proposed note is factually incorrect, and no note is needed on this post. NNN. NEEDS_MORE_RATINGS(7-1-4) Author
2024-02-10 01:10:13
Both the note and the NN are unnecessary and argumentative, Miles is just grandstanding but no note is needed NEEDS_MORE_RATINGS(1-0-1) Author