RBA Rate Cut

Pros And Cons Of Interest Rate Drop

personOtto Dargan access_timeDecember 14, 2020

On November 3rd, the Reserve Bank of Australia (RBA) announced a record low interest rate cut that reduced the cash rate to an unprecedented 0.10 per cent.  A rate cut can prove beneficial with home financing, but the impact depends on what type of mortgage the client has, whether...

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RBA Cash Rate Cut – Will Lenders Pass On The Rate Cut?

personOtto Dargan access_timeNovember 10, 2020

The Reserve Bank has unveiled its new measures along with the record low cash rate cut to 0.10%. It is a measure taken to support job creation and the recovery of the Australian economy. Following its traditional Melbourne Cup Day meeting, bank governor Philip Lowe said the...

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