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  • Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    October 6, 2009 - 3:48 am

    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 | Australia's leading private lender

    Profile photo of mpertilempertile
    Member
    @mpertile
    Join Date: 2005
    Post Count: 55
    October 6, 2009 - 4:20 am

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

    Profile photo of PosEnterprisesPosEnterprises
    Member
    @posenterprises
    Join Date: 2006
    Post Count: 290
    October 6, 2009 - 5:25 am

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

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