The big banks have defended their position on interest rates, with the Australian Bankers Association claiming that the banks should be allowed to ramp-up pricing on loans, or hold onto further interest rate cuts to bolster profits in the face of a slowing economy.
57126
Banks defend their position on rates
126391
Australia's bank lending increases for fourth month
24595
Banks unlikely to pass on full rate cut
137324
Banks should be recapitalised if needed:
137552
Banks raise interest rates on deposits
72305
China raises key interest rates
34626
Reserve bank may slow down on rate rises
43678
Banks healthy, ready to lend
86993
Lenders ready to work on banking proposals
93161
Conditions ripe to liberalise interest rates:
61623
Australia could avoid recession
25463
Interest rates remain stable
9136
``Banks are throttling the economy''
45408
Banks 'should pass on rates cut in full'
155331
Financial institutions should assist
167402
Lenders need capital as losses mount:
104277
BoJ expected to keep its interest rate steady