Malcolm Turnbull claims credit for credit card interest rate cuts

By Adam Gartrell, Political Correspondent
Updated February 20 2017 - 5:14pm, first published February 19 2017 - 5:19pm
Prime Minister Malcolm Turnbull andTreasurer Scott Morrison have put pressure on banks over their high credit card interest rates. Photo: Mark Graham
Prime Minister Malcolm Turnbull andTreasurer Scott Morrison have put pressure on banks over their high credit card interest rates. Photo: Mark Graham
Opposition Leader Bill Shorten says the PM is desperate to avoid a banking royal commission.  Photo: Andrew Meares
Opposition Leader Bill Shorten says the PM is desperate to avoid a banking royal commission. Photo: Andrew Meares

Malcolm Turnbull is claiming credit for a major bank's move to cut credit card interest rates.

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