Posted by Macrobusiness reports that NAB and CBA have both trimmed only 20bps from floating mortgages following the RBA’s 25bps cut to their target for the overnight cash rate.
I expect a further 5bps to 10bps to be held back following the RBA’s likely 25bps Nov cut.
ricardian ambivalence 
obviously Bank execs do not agree the future for credit growth is as low as RBA officials believe.