HOORAY !!!
Finally Australian home owners and their families can enjoy the full benefits of the Reserve Bank’s decision to reduce the Official Cash Rate with all four “Big Banks” passing on the full rate cut (0.25% p.a.) to their customers.
This great result was largely due to the pressure created by the “Smaller Banks” such as Macquarie Bank and ING who have passed on the full RBA rate reduction for the last 3 occasions.
WELL DONE SMALL BANKS !!!
