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RBA Update – Consecutive Rate Cuts!

Keegan Rezek, July 7, 2019

📉 RBA Rate Cuts✂️ - how are you affected?

Posted by The Lending Alliance on Thursday, 4 July 2019

Consecutive Cash Rate Cuts! – June & July 2019

Back to back rate cuts marked the end of a 2 year Cash Rate Hold. The cash rate now sits @ 1% with most banks passing on between 40-50 basis points for variable rate loans.

For the full RBA Media Release, click through to the following link https://www.rba.gov.au/media-releases/2019/mr-19-18.html

I’ve put together a short video to break down the changes.

Keegan Rezek
0451 668 673
Keegan@tlagroup.com.au

Keegan Rezek

Keegan Rezek

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