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Australia Creating 'Perfect Storm' with Rate Hike | |
November 02, 2010 Australia's surprise move to tighten interest rates on Tuesday is creating a "perfect storm" for the country's big banks as they battle margin and political pressures, said Greg Bundy, vice chairman at AIMS Financial Group. Source: http://www.cnbc.com/id/39962473?__source=RSS*tag*&par=RSS |