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02/11/2011 - 09:00

Banks pass on rate in full, except NAB

02/11/2011 - 09:00

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ANZ has become the third of the major banks to pass on Tuesday's central bank rate cut in full, but National Australia Bank only passed on a 20 point cut.ANZ says it will reduce its interest rates on variable rate mortgages by 0.25 of a percentage point on November 14.

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