Your morning Briefing: Big four in great interest rate cuts rip-off

Your 2-minute digest of today’s top stories and must-reads.

Hello readers. Banks have been stingy with passing on interest rate cuts to mortgage customers, and Janet Albrechtsen on how #MeToo was bound to end in tears.

This combination of photos taken in Sydney on November 30, 2017 show the signs of the "big four" Australian banks (clockwise from top L) National Australia Bank (NAB, Westpac, ANZ and Commonwealth Bank. A wide-ranging inquiry into the Australian finance industry will be held after an admission by the country's top lenders on November 30 that it was needed to restore faith in the massively profitable banking sector after a string of scandals. / AFP PHOTO / PETER PARKS

Great interest rate cuts rip-off

Average mortgage interest rates are nearly four percentage points higher than the Reserve Bank’s cash rate than they were in 2008.

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Federal Opposition Leader Anthony Albanese is seen during a press conference next to a major intersection in Brisbane's north, Monday, July 8, 2019. Mr Albanese discussed a proposed federally-funded upgrade to the intersection. (AAP Image/Dan Peled) NO ARCHIVING

Albo go-slow

Anthony Albanese is refusing to scrap a raft of Labor’s unpopular policies, nearly two months after the election defeat.

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6/9/2018Tennis great Margaret Court shares her thoughts on her sporting legacy, and that of Serena Williams, photographed at Osborne Parkpic Colin Murty The Australian

‘I pray for her’

Margaret Court has responded to an attack from Billie Jean King, saying she “prays for the critics who were trying to discredit her”.

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Noel Pearson with his uncle Hans Pearson in 2016. Source: ABC

New Mabo

The Queensland government will pay $190m in “stolen wages” to indigenous workers whose affairs were managed under protection acts, in a class action some have dubbed the ‘new Mabo’.

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Australian actor John Jarratt (centre) and wife Rosa Miano (right) leave the Downing Centre Court in Sydney, Friday, July 5, 2019. (AAP Image/Peter Rae) NO ARCHIVING

#MeToo ends in tears

The fatal flaw — if you can believe this — is that women won’t always tell the truth, writes Janet Albrechtsen.

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Kudelka’s view

Jon Kudelka Letters Cartoon for 10-07-2019. Version: Letters Cartoon (1280x720 - Aspect ratio preserved, Canvas added)COPYRIGHT: The Australian's artists each have different copyright agreements in place regarding re-use of their work in other publications.Please seek advice from the artists themselves or the Managing Editor of The Australian regarding re-use.