Australia’s big banks are passing on all the interest rates hikes – but not the cuts
While the banks have been quick to pass on RBA’s every cash rate increase, they have not matched all the decreases since June 2019
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Australia’s big banks are passing on all the interest rates hikes – but not the cuts

### Response: While the banks have been quick to pass on RBA’s every cash rate increase, they have not matched all the decreases since June 2019