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Mark Wilkshire: Co-Operative Bank CEO on banks dropping their rates after the OCR cut
It\u2019s a\xa0battle of the banks after last week's Official Cash Rate cut.\xa0
Most banks dropped their advertised retail loan rates within minutes of last Wednesday's Reserve Bank announcement.\xa0
ANZ and Co-Operative Bank have now dropped their rates even further.\xa0
Co-Operative Chief Executive Mark Wilkshire told Mike Hosking things are getting competitive.\xa0
He says it's good news for homeowners out there, with rates coming down quite quickly.\xa0
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