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Westpac: Falling deposits to keep bank funding costs elevated

August 10, 2018 - 00:10 -- Admin

By Elliot Clarke, Senior Economist at Westpac Overview: The significant increase in short-term wholesale interest rates and associated volatility has been a key topic of debate in markets throughout 2018. Initially linked to higher borrowing costs in the US, a further spike in only Australian rates as the June quarter drew to a close saw

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