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Monthly Archives: March 2010

Interest Rates increased by 0.25% p.a.

March 2, 2010 in Latest News, Rate Rises

The Reserve Bank of Australia announced today that the official cash rate will be increased by 0.25% to 4.00%.

Borrowers around Australia are anxious to to receive news from their own Banks / Lenders to confirm if their Interest Rate increase will be restricted to 0.25% p.a., or will the profit taking tendencies of the past prove to be too tempting for the Banks. Read more