Tuesday, 1 November 2011

RBA Cuts Official Cash Rate


RBA has today announced a cut in the official cash rate by 25 basis points, taking the official cash rate from 4.75%pa to 4.50%pa.

Now we can only hope that all the lenders follow suit and pass on all of this to mortgage holders.
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1 comment:

  1. Phillip Stabile1 November 2011 at 3:00 pm

    Great News for Mortgage Holder's and more broadly the retail sector.

    ReplyDelete

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