Author Archive for: Simon Wood
Entries by Simon Wood
Recent Changes to Interest Rates
As published in the news recently, CBA, ANZ and Westpac have announced some small home loan interest rate rises along with Suncorp and some other smaller Lenders, all independently of any Reserve Bank / Cash Rate movement. The Cash Rate has not changed since July 2016. We monitor this closely to ensure our customers’ loans […]
Interest Rate Update – August 2018
Cash Rate – No change The Reserve Bank of Australia (RBA) has just announced it will maintain the official cash rate at 1.50%. The past few months have seen an improvement to our GDP growth to 3.1%, a drop in the unemployment rate, a brightening outlook for mining investment, strengthening non-mining investment and a strong […]