Archive for February, 2016
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NEWS FLASH!!!
Banks have started increasing various variable rates over the past week. This is out of normal RBA rate cycles. Some variable rates have increased from min 0.15%. It is expected […]
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NAB lifts rates ‘out of cycle’ on short-term loans
National Bank Australia has quietly raised interest rates across short-term loans popular with business and farming customers on the eve of the first Reserve Bank rates meeting this year, blaming […]
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RBA keeps Cash Rate at record low 2% as from 2nd February 2016
The RBA has kept the official cash rate on hold at 2%. at today’s meeting This is the eighth RBA board meeting with no change to the official cash rate