Posts by paul flakus
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Breaking News: 5th July 2019
APRA has finalised its proposed changes to the serviceability assessments performed on residential mortgage applications, effective immediately. In a letter to ADIs issued today, the regulator confirmed it will no longer […]
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Banks respond to RBA cash rate reduction of 2nd July 2019
The following major bank’s have acted accordingly to yesterdays RBA 0.25% reduction in the cash rate. The following have banks have reduced as follows:_ ANZ Reduced loans by 0.25% as […]
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RBA Meeting July 2nd 2019
The RBA has met today and has cut the Official cash rate by 0.25% to an historical low of 1.00%. More details to follow , The next RBA meeting will […]
