At its meeting today, the Board decided to
LEAVE THE cash RATE ON HOLD AT 1.5%
The Governor of the RBA, Philip Lowe’s statement is available in full CLICK HERE
The decision by the RBA today to keep rates on hold until February was preceded with an increase in the standard variable Investment Home Loan Rate by major Lenders NAB, St George & Westpac yesterday. To our investor clients we will continue to keep you updated with developments from other lenders.
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We would like to take this opportunity to wish all of our clients and their families a joyous Christmas and a prosperous and safe New Year.
Until our next email in 2017……