Which lenders have cut interest rates?
Almost half of the lenders that have cut interest rates since the Reserve Bank announced a 0.25 percentage point reduction in the cash rate last week have not passed on the full rate cut.
Bankwest cut mortgage rates by 0.17 percentage points. Commonwealth Bank, National Australia Bank, Bendigo and Adelaide Bank and Bank of Queensland cut rates by 0.20 percentage points.
Westpac, St George Bank, BankSA and Bank of Melbourne cut rates by 0.22 percentage points.
ANZ Bank cut rates by 0.25 percentage points.
Source: Banking Day