At its meeting today, the Board decided to
LEAVE THE CASH RATE UNCHANGED AT 1.50%
The Governor of the RBA, Glenn Steven’s statement is available in full CLICK HERE
After last month’s historic rate drop it was widely expected that the RBA would leave this rate unchanged for the month of September , which will also see Dr Philip Lowe take the rein’s as Governor.
Have you taken the time to assess your current mortgage position as the Bank’s pass on the rate reduction??
Why not have a chat with us? We may be able to help you find a better rate or to make that unused equity work harder for your future.
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