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Home loan rip off: ACCC urges customers to shop around after rate cut enquiry

The consumer watchdog has found maintaining profits was a major consideration for the big four banks when they decided whether to pass on interest rate cuts in full.

The Australian Competition and Consumer Commission has released its interim report on home loan pricing.

Chairman Rod Sims told Gareth Parker on Mornings it can be hard for customers to find the best deal.

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Liam Bartlett
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