THE DISTILLERY: CBA's cutting question

Scribes consider the implications of banks passing on falling rates, with one warning a trend to cut could reverse the big four's fortunes.

Commonwealth Bank of Australia has a big pile of money waiting for it at the end of the 2013 financial year. While the bank bashers will always claim that the big four have room in their lending metrics to drop their mortgage rates, expectations are rising that Commonwealth will actually do it now. What does this mean?

Fairfax’s Elizabeth Knight writes that the bank needs to make a choice between shareholders and customers when it comes to navigating the so-called 'purple patch' for banking, as dubbed by UBS.

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