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Regulatory

ABA denies precedent for matching RBA cash rates

The Australian Bankers' Association has rejected calls from Parliament to justify its interest rate pricing based on the Reserve Bank's cash rate.

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Read more: Reserve BankParliamentABAAssociationAustralian BankersAustraliansPrime Minister Malcolm TurnbullSteven MunchenbergAPRAGovernmentHouse of RepresentativesSubsequentlyTreasurer Scott Morrison