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Monthly Archives: September 2012

Banks Overcharge Loyal Customers …

September 18, 2012 in Insider Tips, Latest News


A recent industry report has confirmed that Banks are able to charge loyal clients higher interest rates as these clients are least likely to negotiate and will simply accept the higher Bank charges. Read more

Qld First Home Owners Grant Cancelled

September 10, 2012 in Insider Tips, Latest News


First Home Owners in Queensland will be major casualties of the¬†budget cuts announced by the new State Government with the $7,000.00 First Home Owners’ Grant to be terminated almost immediately with first home buyers only having until the 11th of October to finalise their contracts and claim the grant. Read more

Cash Rate Steady at 3.50%

September 4, 2012 in Insider Tips, Latest News, Rate Cuts, Rate Rises

Tuesday 4th September 2012

The Reserve Bank is continuing the policy of “Wait & See” by electing to retain the Official Cash Rate (3.5%) at the current level for another month.

The RBA has not ruled out future reductions to Interest Rates prior to the end of 2012.