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Interest Rates Increase

Qlds007's picture

Submitted by Qlds007 on October 6, 2009 - 2:48pm.

Joined: 23/08/2003

The Reserve Bank (RBA) has increased interest rates by 0.25 of a percent (25 basis points) taking the official cash rate to 3.25%. This is the first time rates have gone up since March 2008.

Richard Taylor - richard@tayloredfinancialsolutions.com.au Tel: 07 3720 1888
Residential Mortgage Broker providing structured home loan advice for investors and owner occupiers all over Australia.
Thinking of buying your next investment property using a SMSF. Email me for a copy of my SMSF EBook.


mpertile's picture

October 6, 2009 - 3:20pm

Joined: 11/01/2005

Any news on what our 4 best friends (the banks) are doing as yet?


October 6, 2009 - 4:25pm

Joined: 28/12/2006

The propeller heads are at again! They will increase across the board and maybe some more.


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