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Pass full rate cut to farmers: NFF

FOLLOWING the Reserve Bank of Australia's decision to cut interest rates by 0.5%, the National Farmers' Federation says banks need to pass the rate on to farmers as softening commodity prices hit hard.

Staff Reporter
Pass full rate cut to farmers: NFF

NFF President Jock Laurie that while he welcomed the official rate of 3.75%, there needed to be transparency so farmers could see which banks passed on the cuts to ease financial pressure. "Like all...

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