Two of Australia's Big Four banks have cut their term deposit interest rates ahead of a potential RBA rate cut next week.
A flurry of banks have begun to cut term deposits in anticipation of a rate reduction by the Reserve Bank of Australia on Tuesday.
Australia’s second largest lender, Westpac, has become the latest of the big four banks to cut its interest rates just days prior to the Reserve Bank meeting to discuss Australia’s official cash rate.
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