Archive: 11/05/2017

interest rates 300x200

Small tweaks = big impacts

Posted 2 years ago by Admin

Are you prepared for an increase in interest rates? Interest rates remain low, but could begin rising later this year. While there is time homeowners should take a closer look at their mortgage repayments to work out how much they can absorb when interest rates start to rise.

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OCR announcement 4

Official Cash Rate held again

Posted 2 years ago by Admin

The Reserve Bank has left the Official Cash Rate (OCR) unchanged today at 1.75 percent.

Governor Graham Wheeler said "Monetary policy will remain accommodative for a considerable period. Numerous uncertainties remain and policy may need to adjust accordingly".

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